Tech stocks slump as China’s DeepSeek stokes fears over AI spending
www.ft.com
Nvidia loses almost $600bn in market value on worries US groups are facing a ‘Sputnik moment’
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The original was posted on /r/technology by /u/bllshrfv on 2025-01-27 14:13:55+00:00.

Original Title: [Financial Times] NVIDIA on course to lose more than $300bn of market value, the biggest recorded drop for any company. This comes after Chinese artificial intelligence start-up, DeepSeek, claims to use far fewer Nvidia chips than its US rivals, OpenAI and Meta.