Jan. 27 at 5:20 PM
Intraday Impact of DeepSeek on Chip Stocks:
1.
$NVDA: -17.5%
2.
$AVGO :-16.5%
3.
$TSM : -14.3%
4.
$SMCI: -10.9%
5.
$MICR:-10.5%
6. ARM :-10.0%
7. AMD: -5.6%
Together, these stocks have wiped out nearly
$1 trillion in market capitalization today. Nvidia alone has plunged by
$630 billion in market value, setting a new record for the largest single-day market cap loss--doubling the previous record. This drop exceeds the total market cap of all but 15 public companies worldwide and is more than double the market cap of Coca-Cola,