Tech Selloff Extends to Japan as DeepSeek Puts Focus on AI Costs

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Tech Selloff Extends to Japan as DeepSeek Puts Focus on AI Costs - Asia Financial

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Shares of Nvidia plunged by 17% on Monday, wiping nearly $600 billion from the chipmaker's market value, a record one-day loss for any company.

The post Tech Selloff Extends to Japan as DeepSeek Puts Focus on AI Costs appeared first on Asia Financial.

It is not just the chipmakers and tech companies but companies focused on data centres also taking a hit, with Malaysia’s utility conglomerate YTL Power down 7.5% on Tuesday, its third session of steep loss.