Mon, 27 Jan 2025

Nvidia shares sink as Chinese AI app spooks markets

Share prices in US and European firms fall as the Chinese technology threatens to disrupt the AI industry.

* Nvidia lost 16.9% of its value after DeepSeek's sudden rise
* Microsoft dropped 2.14%
* Google's owner Alphabet fell by over 4%
* Dutch chip equipment maker ASML saw a 7% drop
* Siemens Energy shares plunged by a fifth
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