Watch Nvidia Sheds $1 Trillion in Market Value After DeepSeek Chaos News Video

17 sec read

“The local share market failed to hang on to mid-session gains, closing in the red. It followed a technology rout on Wall Street, fuelled by the rapid rise of Chinese AI start up DeepSeek.

“Giant US chipmaker Nvidia has seen almost $1 trillion wiped off its value and other tech giants have been hammered in response to news.

“Here’s how the trading day played out, with insights from our business reporters.”

Read more at ABC

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