The Chinese threat to the hegemony of the United States in artificial intelligence (AI) caused the US market to lose more than 787 billion dollars in market value yesterday.
The most significant decline was suffered by Nvidia, an American chip manufacturer that initiated a domino effect in the technological sector at 16.9 percent and losing 590 billion dollars of its capitalization value. It is the biggest loss in a single day. The previous brand was finish, with 240 billion.
Microsoft fell 2.14 percent and lost 8,742 million dollars in market value; Google gave 4 percent and Oracle, 13.8 percent; Between them they lost 79 thousand 638 million dollars, and Tesla fell 2.32 percent.
The Chinese Startup Depseek presented an updated and open source artificial intelligence model that, according to the company, is competitive with Openal (Chatgpt) technology, but 90 percent cheaper, which questioned the huge investments that are carried out to buy Nvidia chips and raised doubts about the predominance of US technology.
Deepseek showed that models of AI can be created by a very small fraction of the cost, of the processing power and the technology available. The entrance barriers, which we thought were high, are not. That is what you have to the head market!
said Luis Gonzalí, co -director of investments in Franklin Templeton.
China’s news came shortly after the new technological push on Wall Street in the heat of Stargate launch, the megaproject of AI infrastructure announced by Donald Trump last week, which dragged technological companies at record levels and win around 500 thousand Millions of market value in Trump’s first week at the White House.
Investors opted for a sudden profits and caused the Nasdaq to fall 3.07 percent, to 19 thousand 341.83 points, while the S&P 500 receded 1.46 percent, 6 thousand 12.28 integers.
This week financial results of the Magnificent seven of Wall Street are expected, so more and more analysts call this good stock market.
It is still very soon to bet that Deepseek will challenge world leaders and will alter the technological domain of the United States, but it is likely that the emergence of more efficient models in China, which has been forced to innovate due to the limitations of Chips supply, further intensify the race for the domain of AI between the United States and China
highlighted the Cibanco analysis area.
Trump considered the emergence of Deepseek, because it demonstrates that you don’t have to spend so much money (…) It should be a attention call for our industries
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