Nasdaq 100 drops 3% as AI disruption raises fears of overvaluation. Traders reassess portfolios, seeking opportunities beyond megacap tech stocks.
The Nasdaq Composite slid more than 3% in Monday’s trading as a slate of AI-related plays, including chip darling Nvidia, tanked.
Nvidia staged a moderate rebound on Tuesday, rising as much as 3%, following a 17% drop the prior day. More broadly, major US indexes rallied after S&P 500 and Nasdaq 100 saw sharp losses on Monday amid concerns over the Chinese AI firm DeepSeek rapid and cost-effective advances.
U.S. stocks in the technology-heavy Nasdaq-100 index were rising Tuesday, with a popular exchange-traded fund that tracks the index getting a sharp lift from Big Tech stocks, in particular. The Invesco QQQ Trust Series I was up 1.
Nasdaq 100 Technology Sector Index has crashed -3.5 per cent during the opening trade on Monday, January 27. The index was trading at 10,629.22 around 8:22 PM IST. Tech companies stocks have fallen sharply over the fear of new LLM model being released by Chinese firm DeepSeek.
Nvidia is on track for the biggest one day loss of any company in history, as Chinese artificial intelligence (AI) startup Deepseek shakes up global tech markets. Nvidia, a key driver of the AI stock boom due to its advanced chips, saw its shares plummet over 14 per cent on Germany’s Tradegate on Monday. The [...]
American semiconductor giant Nvidia ’s stock price erased some of its massive loss sustained a day earlier on fear that Chinese companies were poised to surpass America in the competition with China for artificial intelligence supremacy, as investors saw the company playing a key role in a sharper rivalry.
ASML shares jump 9% as strong chip orders ease AI spending fears. Traders eye semiconductor stocks as demand for high-end chips remains resilient.
US stock market: Following concern over Chinese Air Intelligence (AI) start-up DeepSeek, NVIDIA share price witnessed sharp selling on Monday. The US stock market's tech major, NVIDIA stock price, opened lower at $124.80 apiece on the NASDAQ and touched an intraday low of $116.70 per share.
The tech-heavy Nasdaq 100 is the best performer but more risk-averse investors may prefer the more broadly diversified S&P 500.
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.