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‘Overreaction’: Nvidia stocks plunge over Chinese AI threat
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01/28/25
Wedbush Securities Managing Director Daniel Ives says Nvidia’s stock plunge over the new Chinese AI model was an “overreaction”.
A new artificial intelligence chatbot created by Chinese company DeepSeek has sent shockwaves through the US stock market.
Nvidia has had $1 trillion of market value erased as a result of DeepSeek’s threat.
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