Notice at any time to update for free
Just register stock Myft Digest-Delivered to your inbox.
After the global defeat caused by the progress of artificial intelligence in Chinese start -ups Deepseek, Wall Street technology rose on Tuesday.
After the Nasdaq Composite Index fell 3.1 % on Monday, it increased by 1.2 % in the morning trading of New York. NVIDIA increased by 2.4 % after 17 % of the historic 17 % decline, eliminating $ 58.9 billion from its market value.
The loss the previous day was because Wall Street and Silicon Valley were surprised by the threat from Deepseek to AI.
However, the market is relatively calm on Tuesday. The benchmark Standard S & P 500 Index sways between small income and losses.
“The huge amplitude of stocks such as NVIDIA, BRODCOM and Marvell [on Monday] Moved us into excessiveness. Once the dust settled, it seemed to look like a buying opportunity afterwards.
The Chinese company’s model has reached the quality of output quality of chat with the American chat robot, but it is obvious that capital expenditure is much less. It questioned that it needs to invest hundreds of millions of dollars in infrastructure infrastructure.
Guy Miller, the chief market strategist of the insurance company Zurich Insurance Company, said: “It has reminded investors that even technical stocks need to have a risk premium.” “[The tech rout has been] Healthy reminder, there is nothing in the market, or anything in technological development is a straight line. “
The market in Europe and Asia is stable, and the 600 Index of the STOXX Europe has climbed by 0.5 %.
Some content cannot be loaded. Check your Internet connection or browser settings.
Japan’s high -tech Nikkei 225 closed 1.4 % because its chip manufacturing company continued to decline. The wider TOPIX has a low weight of Japanese technology exporters and is flat.
After the ARM Holdings shares fell 10 % on Monday, the stocks listed on TOKYO lost 5.2 %. ARM Holdings (in this US -listed chip design company, the Japanese group held 88 % of the shares.
In the currency market, US President Donald Trump said that the tariff he wanted was 0.5 % of the currency and currency of the $ 0.5 % of the currency, including the yen and the US Treasury Secretary Scott, which he wanted, GBP. According to those who are familiar with the proposal, BESSENT has been pushing.
DeepSeek’s commitment to a lower cost AI model raised a question, that is, last week, a $ 10 billion data center investment involved the opening of the Sottgate joint venture, involving SoftBank, Oracle and Openai. “Peak”, this is Chris Wood, a strategist at Jefferies.
Shaniel Ramjee, the co-person in charge of the Multi-Asset of PicTet Asset Management, said that the market has occupied a small market share in AI, and the price of “significant lower cost” of the development of the technology has risen. “Although the current person seems to be building a greater moat around his ability.. This new development challenged this concept.”
In Hong Kong, the stock of China Technology Corporation recorded the income, although the Chipmaker Smic closed 0.4 %. Hang Seng Index closed 0.1 %, led by Mainland China Technology Corporation (including Tencent and Baidu), which closed 1.4 % and 3.6 %, respectively.
