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benzinga.com
197 days

Nvidia Supplier TSMC's Shares Plunge Over 6% In Taiwan As AI Selloff Intensifies Amid DeepSeek Impact - NVIDIA (NASDAQ:NVDA), Tesla (NASDAQ:TSLA)

1. TSMC shares dropped 6.6%, the steepest decline in six months. 2. DeepSeek's AI model claims low development cost raises skepticism. 3. Concerns over US technology used in Chinese AI development emerge. 4. Semiconductor sector affected, leading to $600 billion loss for Nvidia. 5. White House investigating DeepSeek for potential national security risks.

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FAQ

Why Bearish?

TSMC's decline reflects investor concerns in the semiconductor sector, impacting TSLA indirectly.

How important is it?

The performance of semiconductor stocks like TSMC can have a significant impact on Tesla's production costs and market dynamics.

Why Short Term?

Current semiconductor market volatility may affect TSLA's supply chain and pricing quickly.

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