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2025

Nvidia loses $500bn as Chinese AI firm jolts tech shares

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United States chip-maker, Nvidia led a rout in tech stocks Monday after the emergence of a low-cost Chinese generative Artificial Intelligence model that could threaten US dominance in the fast-growing industry. The chatbot developed by DeepSeek, a startup based in the eastern Chinese city of Hangzhou, has shown the ability to match the capacity of


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