The Day DeepSeek Turned Tech and Wall Street Upside Down - WSJ
1. Nvidia faced a massive drop of 17% due to DeepSeek's AI model release. 2. DeepSeek's model requires less computing power, threatening Nvidia's chip dominance. 3. Monday's market saw over $1 trillion lost, impacting Nvidia and chip stocks. 4. AI stock exuberance may be unsustainable, foreshadowing further volatility. 5. DeepSeek's advancements highlight competition, altering the AI chip landscape.