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⭐ US and European stock markets evaporated $1 trillion, DeepSeek triggered the largest stock market crash in history.
DeepSeek triggered the most severe stock market crash in history. Among them, Nvidia suffered heavy losses, with losses skyrocketing to $588.86 billion, setting a new record for the largest single-day wealth evaporation in history.
Affected by Deepseek, the related stock prices in Japan and Europe have been plummeting. DeepSeek, an AI startup from China, is like a heavyweight bomb, causing a huge wave in the global technology stock market, even strongly questioning the long-term technological dominance of the United States. DeepSeek has proven to the world that building low-cost and high-performance AI models is now possible. This breakthrough is like a huge stone thrown into a calm lake, breaking the investment paradigm of the original AI supply chain and causing the market to re-examine the overvaluation of industry giants such as Nvidia, ASML, and TSMC.
On the 27th, Nvidia's stock price plunged by 16.86% during pre-market trading; TSMC's stock price dropped by 10%; Broadcom plummeted by 13.8%; Tesla's stock price also fell by over 4%; Google, Meta, Microsoft, Amazon, AMD, ARM, Applovin, and other tech giants also experienced significant declines, with decreases of 4%, 5%, 6%, 5%, 6%, 8.9%, and 6.8% respectively. Nasdaq 100 index futures also couldn't withstand the pressure, falling by 3.4%, while S&P 500 index futures dropped by 2% as of 5 am, US morning trading.
In the capital markets of Europe and Japan, technology stocks are also deeply mired, with significant declines. ASML, the leading player in the Dutch chip equipment manufacturing sector, saw its stock price plummet by 11%. The current trend of losses continues, with the combined market value of the Nasdaq 100 Index and the STOXX 600 Technology Index in Europe shrinking by approximately $1 trillion, a staggering scale of losses.
Japanese chip industry-related stocks encountered a "cold wave" on Monday, with Advantest, a major supplier of semiconductor testing equipment, falling by 8.6%. It's worth noting that NVIDIA is one of its major clients. Tokyo Electron and Renesas Electronics also did not escape unscathed, with their stock prices falling by 4.9% and 1.24% respectively. SoftBank Group, which owns the well-known chip design company Arm, saw its stock price soar after CEO Masayoshi Son announced the high-profile participation in the "Stargate" artificial intelligence program promoted by U.S. President Trump and invested a whopping $100 billion in the U.S. market. However, a sudden downturn occurred with Deepseek entering the scene, causing the stock price to plummet by 8.3%. Even companies in the field of wires and cables, such as Furukawa and Fujikura, saw their stock prices heavily hit, dropping by 11.27% and 10.66% respectively, reflecting the market's panic sentiment.