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US Tech Stocks Steady as Nvidia Shares Get After DeepSeek Shock - AnneSqa280 - Yesterday 07:47 AM Let's take stock of what's taken place over the past 24 hours. As the US stock market opened on Monday, Chinese-made synthetic intelligence (AI) design DeepSeek stunned financiers and sank some tech stocks. Chip-making huge Nvidia shed almost $600bn (₤ 482bn) of its market price - the greatest one-day loss in US history. Other tech stocks such as Microsoft, Google-owner Alphabet and Dell Technologies also sank - albeit by smaller margins. A day later on, it seems somewhat calmer. Nvidia shares had a blended start as the US stock market opened, business reporter Nick Edser tells us. After flip-flopping slightly in the very first few minutes, its value recuperated - standing 1.3% greater. In Asia, the marketplaces in Taiwan, China and South Korea have closed for the Lunar New Year. But by the end of Tuesday's trading, Tokyo's Nikkei 225 index had actually dropped 1.39%, while Hong Kon's Hang Seng made a small 0.14% gain.