Nvidia heads for record sell-off on China’s DeepSeek worries

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Nvidia heads for record sell-off on China’s DeepSeek worries

Nvidia (NVDA) is on track to record its biggest drop yet after ******** artificial intelligence (AI) startup DeepSeek sparked a tech sell-off. DeepSeek’s newest AI model raised concerns about US companies’ ability to keep up in the AI race.

The sell-off sends names like Broadcom (AVGO) and Marvell Technology (MRVL) tumbling while other AI plays, such as Oklo (OKLO) and Constellation Energy (CEG) see double-digit declines.

The news comes just ahead of Big Tech earnings, with

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(MSFT), Meta (META), and Tesla (TSLA) reporting on Wednesday and Apple (AAPL) announcing on Thursday. Worries about AI competition raise questions about Big Tech earnings meeting Wall Street’s expectations.

Seana Smith and Brad Smith take a closer look at the market action ahead of the opening bell on Morning Brief.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Naomi Buchanan.

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#Nvidia #heads #record #selloff #Chinas #DeepSeek #worries

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