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Yogesh Kuhade

"I am not a job seek... • 8m

The dizzying, overnight rise of a chatbot by DeepSeek, a little-known Chinese artificial intelligence (AI) lab, has roiled AI-related stocks and wiped out close to a trillion dollars in market capitalisation of such companies. The chips fall (as of 6:30 pm IST): 1. Chip makers and designers such as Arm, Broadcom, Micron, and Nvidia slumped in premarket trading. Nvidia shares fell 11.30%, wiping off close to $400 billion. 2. AI infrastructure companies Vertiv (16%) and Super Micro Computer (8.45%) also tanked. 3. Dutch chip equipment maker ASML was also down 8% in Europe. Big Tech companies such as Microsoft (down 5%), Meta (down 3%) and Google (down 4%) weren’t spared either. 4. Japan’s SoftBank tumbled by 6%. The dizzying, overnight rise of a chatbot by DeepSeek, a little-known Chinese artificial intelligence (AI) lab, has roiled AI-related stocks and wiped out close to a trillion dollars in market capitalisation of such companies.

8 Replies

Replies (8)

Havish Gupta

Figuring Out • 8m

The stock market correction it caused is just crazy. tho i doubt, that the investors and big corporates were the ones who sold their shares in this correction to book profits.

1 Reply

Tabi ghazi Gazi

Hey I am on Medial • 8m

I have an Idea to start busniss ni 0 environment

1 Reply

Anonymous 2

Hey I am on Medial • 8m

This is some wild stuff happening in the AI space

1 Reply

Anonymous 1

Hey I am on Medial • 8m

Bro I have a theory, they were a high tech hedge fund right who build this thing because they hvae extra GPU power? ANd then NVIDIA stonks tanked? You think its connected? I think they shorted NVIDIA when it was at peak and then released this thing and made tons of profits

Anonymous 3

Hey I am on Medial • 8m

This could be the start of a bigger shift in the AI world. Whether it’s a trend, or the next big thing, the market’s reaction is too scary for such big orgs man

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