China's DeepSeek AI Launch Causes $1 Trillion Loss in US Stock Market: Impact on Nvidia, Google, and More.

Due to the rise of China's artificial intelligence technology, the US stock market has experienced a significant decline.

$1 Trillion Dollar Loss
Recently, the launch of DeepSeek, a leading low-cost AI platform developed in China, has caused major disruptions in the US stock market.

As a result, shares of key AI companies have fallen. Companies such as Nvidia, Meta, Microsoft, and Alphabet, Google's parent company, have faced notable stock declines as investors reacted to the impact of this new competitor.

The stock price of Nvidia, a key player in the AI chip market, plunged by more than 17% at one point. This led to a $1 trillion dollar loss in the US stock market in just one day.

One of the major factors contributing to the impact of DeepSeek is its remarkable performance. It has already claimed the top spot on Apple's App Store in the US, indicating strong user demand.

The platform was built using Nvidia GPUs, the industry standard for AI development, but with minimal reliance on these high-cost hardware components. This innovative approach demonstrates that China can achieve significant advancements in AI research without heavily relying on GPUs, challenging the dominance of American tech giants like Google and OpenAI in this sector.

The release of DeepSeek highlights a fundamental shift in the global AI landscape. Experts believe that China's ability to develop advanced AI systems at a lower cost is severely challenging America's technological leadership, which has led to the decline in the stock market.

This remarkable event emphasizes the intensifying AI technology competition between the US and China and the potential significant economic consequences.