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Nvidia, TSMC, ASML Among Tech Stocks Sinking on DeepSeek Threat

1. DeepSeek's new AI model runs on less-advanced chips, affecting NVIDIA and ASML shares. 2. U.S. tech stocks question valuation as deeper AI resources become more available. 3. NVIDIA and TSM fell over 11% premarket; ASML shares dropped about 7%. 4. Citi maintains a buy on NVIDIA despite DeepSeek's potential market disruption. 5. DeepSeek's achievements raise concerns over U.S. AI companies' future competitiveness.

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FAQ

Why Bearish?

ASML's 7% decline indicates investor concern over competition and pricing pressures.

How important is it?

AI advancements in China directly affect ASML's market position and chip demand.

Why Short Term?

Immediate impacts from market reactions could affect ASML negatively in the coming weeks.

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