US tech giants took a nosedive Monday as China’s AI powerhouse DeepSeek sent shockwaves through global markets. The Nasdaq plunged 3%, its steepest drop this year, while the S&P 500 lost 1.46% as investors scrambled to recalibrate portfolios. Analysts say the surge of interest in DeepSeek—a ChatGPT rival developed in the Chinese mainland—has spooked Wall Street, signaling a potential shift in the global AI race 🌍💡.
Former US President Donald Trump added fuel to the fire, warning American firms to 'stay vigilant' against foreign tech disruptions. 'We can’t let others out-innovate us,' he declared during a press briefing, though critics argue his rhetoric may further rattle markets. DeepSeek’s sudden rise highlights China’s growing clout in cutting-edge tech, with users praising its multilingual capabilities and real-time data processing 🚀.
For young investors and professionals tracking the AI gold rush, this volatility underscores the risks—and opportunities—of a hyper-connected market. As one trader quipped: 'It’s like Squid Game for stocks—nobody knows who’s safe next.' 🔥📊
