The impact caused by a Chinese company..!? Fall in US stocks..!?

The impact of a Chinese company has caused a sharp fall in the US stock market. Investors have suffered a loss of several lakh crores of rupees. China's leading technology company DeepSeek is experiencing tremendous growth in the field of artificial intelligence (AI). It is showing better performance than Satoshi GPT and Google's Gemini. This company provides services at affordable prices. This has created new competition in the AI field. In this situation, the impact caused by a Chinese company has caused a sharp fall in the US stock market. Investors have suffered a loss of several lakh crores of rupees. The share price of Nvidia, which was popular in the AI market, fell by more than 17%.
In just one day, the US stock market has lost 1 trillion dollars. dell Technologies and Super Micro Computer fell by 7.2 percent and 8.9 percent. Shares of other tech companies in the AI space, including Microsoft, Meta Platforms, and Alphabet, also fell between 2.2% and 3.5% today. Experts say China's ability to build quality AI systems at low cost is the reason for the decline in the shares of US tech companies.
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Sowmiya Sriram

28/01/2025 11:59 AM