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Tech stocks have worst week in months after ‘nobody saw DeepSeek coming’ amid AI mania - MarketWatch

1. DeepSeek's emergence startled investors in AI stocks. 2. Nvidia lost $552 billion in market value this week. 3. Concerns arise over AI chip makers' competitive moats. 4. Tech sector saw its worst week since September. 5. Big Tech's capital spending expected to increase by 25% in 2023.

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FAQ

Why Bearish?

The swift drop in Nvidia's value and tech sector underperformance may spark broader investor caution, mirroring past tech bubbles.

How important is it?

The article highlights key shifts in investor sentiment and tech valuation potentially impacting S&P 500 dynamics.

Why Short Term?

The immediate impact on tech stocks may persist, reflecting rapid shifts in market sentiment.

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