
AI’s Sputnik Moment: NVIDIA and Tech Giants Crash as DeepSeek Disrupts the Global AI Race!
On January 27, 2025, the technology sector experienced a significant downturn, with AI-related stocks leading the decline. NVIDIA saw its stock price plummet by 16.9%, closing at $118.42, erasing approximately $593 billion in market value. Similarly, Broadcom, Microsoft, and cloud computing and search titan Alphabet faced substantial losses, with their stocks dropping by 17.3% and 2.5%, respectively