US markets going to erase over $1 trillion of market cap in Monday

TechnicalHunter
01-27

Chip Stocks Overnight Reaction to DeepSeek:

1. Arm, $ARM Holdings(ARM)$ : -5.5%

2. Nvidia, $NVIDIA(NVDA)$ : -5.3%

3. Broadcom, $Broadcom(AVGO)$ : -4.9%

4. Super Micro, $SUPER MICRO COMPUTER INC(SMCI)$ : -4.6%

5. Taiwan Semi, $Taiwan Semiconductor Manufacturing(TSM)$ : -4.5%

6. Micron, $Micron Technology(MU)$ : -4.3%

7. Qualcomm, $Qualcomm(QCOM)$ : -2.8%

8. AMD, $Advanced Micro Devices(AMD)$ : -2.5%

9. Intel, $Intel(INTC)$ : -2.0%

US markets are on track to erase over $1 trillion of market cap in Monday's session.

All as earnings, tariffs, and the Fed meeting are in the spotlight. It's going to be another wild week.

DeepSeek Become a Threat to Large Cap Tech?
DeepSeek, a Chinese AI startup that appears to have spawned out of nowhere. It competes with ChatGPT and cost less than $10 million to develop. Nasdaq 100 futures have down -330 POINTS. Try deepseek and ask the same question you ask ChatGPT. Share you feeling on the differences.
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