U.S. tech stocks experienced a decline on Monday following the launch of China's DeepSeek, a free AI assistant, which triggered a sell-off in technology shares. However, on Tuesday, the market showed signs of recovery, with technology stocks regaining some of the losses incurred the previous day. The sell-off was notably linked to concerns over the competitive implications of the low-cost Chinese artificial intelligence model, which quickly gained popularity, topping app charts. Analysts noted that the rebound reflects a stabilization in investor sentiment after the initial shock of the DeepSeek launch.
US Tech Shares Recover Some Losses from Steep Deepseek Selloff https://t.co/qcWWSeG3qT
U.S. tech stocks are rebounding after a dip on Monday, when China-based AI chatbot DeepSeek topped app charts. https://t.co/g3SBjxLA5v
Technology stocks rebounded on Tuesday, recovering their footing one day after China’s DeepSeek triggered a bruising sell-off of stocks tied to artificial intelligence https://t.co/uj03R0CAJS