There is chaos in America due to DeepSeek. It is not us but the American market that is saying this. After DeepSeek’s claim, there was a tsunami in the US stock market on Monday. The stock market of American tech companies is witnessing a huge decline. As soon as the US stock market opened on Monday, there was such a decline in the shares of Nvidia Corp (Nvidia stock loss) that people were shocked. Actually, China’s AI startup DeepSeek-R1 has brought such a cheap AI model, which has created a stir in the US stock market. In the fear of China’s cheap AI model, its 600 billion dollars (600 billion Nvidia market crash) were destroyed in a few minutes. Let us tell you that DeepSeek is an advanced AI model of China. DeepSeek has been developed by a research lab named DeepSeek in Hangzhou, which is called the Silicon Valley of China. Liang Wenfeng, an AI engineer by profession, founded it in the year 2023.
There was an earthquake in the shares of US company Nvidia Corp. (Nvidia stock loss)
Let us tell you that there was an earthquake in the shares of US chip-making company Nvidia Corp. (Nvidia stock loss). America is so afraid of this new AI model of China that US President Donald Trump has warned American tech companies and called it a wake-up call.” It is worth noting that America’s largest tech company Nvidia Corp is still at the forefront of AI. China’s DeepSeek has introduced a free AI to the people. The company claims that it uses cheap chips and less data. The big thing is that the DeepSeek-V3 model has been built for just $ 5.6 million. This is nothing compared to the expenses made by Open Eye, Google, Meta on their AI models. Nvidia’s loss of $ 600 billion is many times more than the market cap of many famous companies. The Nasdok index of tech companies fell by 3.1 percent, while the S&P index saw a decline of 1.5 percent. Nvidia Corp is a major company supplying AI chips. Since the announcement of the arrival of DeepSeek, its shares have fallen by almost There has been a decline of up to 17 percent.
The main reason for the decline in Nvidia’s shares is DeepSeek’s introduction of better AI models at a lower price.
According to the information, the market value of this company has decreased by $ 588.8 billion. This is a record so far. The important thing is that such a big decline has not been seen in the stock of any company in a day. According to media reports, about three years ago, Meta’s market capital had fallen by $ 240 billion in a day. This decline is almost double that. The main reason for the decline in Nvidia’s shares is said to be DeepSeek’s introduction of better AI models at a lower price. This has happened after the US banned the export of advanced semiconductor technology to China. The US has limited the sale of advanced Nvidia AI chips to many countries, even its allies. In such a situation, a huge shortage of chips is being seen all over the world (Nvidia stock loss). Let us tell you that Chinese AI company DeepSeek has launched R-1 AI product at a very low cost, which has caused a huge drop in the US stock market. The reason is that this invention of the Chinese company has created an uproar in America.
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DeepSeek has achieved this feat at a very low cost on low power AI chips only
However, Facebook’s parent company Meta said last week that “it will spend more than $65 billion on AI development this year.” Open AI CEO Sam Altman said last year that “the AI industry needs a trillion dollar investment for in-demand chips.” Not only this, Marc Andreessen, who invests in tech companies and is a supporter of US President Donald Trump, has described DeepSeek as one of the most amazing and impressive inventions ever. He said that “This shocking development is also surprising because the US had been trying to limit the supply of high power AI chips to China for a long time for national security reasons. This clearly means that DeepSeek has achieved this feat at a very low cost on low power AI chips only.
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