US Tech Stocks Steady as Nvidia Shares Get After DeepSeek Shock

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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.