The news from China confused the US market on Monday and confused the frenzy accumulated around artificial intelligence.
The company called DeepSeek has developed a large -scale language model that can compete with the AI Giants, but it was developed at a slight cost. Deepseek has appeared at the top of a free app chart on Apple’s App Store by Monday morning, given that the US government has restricted access to the top AI chips in China. He said that such a feat was particularly impressive.
ALPHABET, the parent company of NVIDIA, Broadcom, and Google, was at least one of the high -flying shares that have fallen to the earth. The noise of the high -tech section has covered some solid profits in other areas in the market.
Let’s take a look at the influence of DeepSeek in the financial market.
5.6 %
The decline in the S & P 500 technology sector on Monday is the largest decrease in the index since September 2020. NVIDIA was one of the eight high -techesols that announced the two -digit loss on the day. If Apple’s shares did not get more than 3 %, the decrease in the index would have worsened.
$ 590 billion
Approximately reduced market value of NVIDIA. The decrease is beyond the total market value of the home improvement giant home depot and the Rowes. The market value of NVIDIA is still about $ 2.9 trillion.
$ 27.6 billion
According to Forbes’ real -time billions of millions, Larry Ellison’s net assets after the celloffs declined. Ellison’s net asset has bounced last week after President Donald Trump said that a new partnership formed by Openai, Oracle, and SoftBank would spend up to $ 500 billion on AI -related infrastructure. Forbes says Ellison is still worth $ 200 billion. NVIDIA’s CEO Jensen Huang said his net assets had lowered $ 20.8 billion to $ 103.6 billion.
28.3 %
The decrease in Vistra Corp. is the greatest decrease in all inventory of S & P 500. Vistra is not a high -tech company. An independent power producer. The shares are expected to be built last year from the United States AI infrastructure. You need a huge amount of power.
351
The number of shares of S & P 500 that actually rose on Monday. The rapid decrease in the index on the day when the rise of components shares rose more than three -quarters has shown a major impact on high -tech shares such as NVIDIA. Dow Jones Industrial AVERAGE is not more focused on technology than S & P 500 or NASDAQ, but has been closed with modest profits.
Initially issued: January 27, 2025 5:07 pm EST
