US Tech Stocks Steady as Nvidia Shares Pick up After DeepSeek Shock

Let’s analyze what’s taken place over the past 24 hours.

As the US stock exchange opened on Monday, Chinese-made expert system (AI) design DeepSeek stunned financiers and sank some tech stocks.

Chip-making huge Nvidia shed almost $600bn (₤ 482bn) of its market price – the biggest one-day loss in US history. Other tech stocks such as Microsoft, Google-owner Alphabet and Dell Technologies likewise sank – albeit by smaller margins.

A day later, it seems slightly calmer. Nvidia shares had a combined start as the US stock market opened, business press reporter Nick Edser tells us. After flip-flopping slightly in the very first few minutes, its worth recuperated – standing 1.3% greater.

In Asia, the marketplaces in Taiwan, China and South Korea have closed for the Lunar New Year. But by the end of Tuesday’s trading, Tokyo’s Nikkei 225 index had actually dropped 1.39%, while Hang Seng made a small 0.14% gain.