AI Infrastructure Stocks Collapse as DeepSeek Sparks Global Tech Selloff
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Tech Titans Tremble: DeepSeek's Rise Triggers Historic AI Market Collapse In a stunning reversal of fortunes, Wall Street's AI darlings crumbled Tuesday as a little-known Chinese competitor upended the global tech hierarchy. The Nasdaq Composite plunged over 4%, with semiconductor giants bearing the brunt of investor panic after a new AI model from DeepSeek nstrated capabilities that threaten to rewrite the economics of artificial intelligence infrastructure.