DeepSeek has rattled the US stock market and Nvidia felt the maximum heat as S&P 500 tech sector witnessed a big drop.

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Nvidia market cap has come down to below $3 trillion-mark after emergence of China's AI startup DeepSeek created an uproar.

News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence. A company called DeepSeek said it had developed a large language model that can compete with U.

President-elect Donald Trump is preparing to take charge on Monday. His tenure has triggered concerns about forthcoming semiconductor rules and regulations, including fears of possible tariffs on Mexico and China.

The stock market's recent turbulence has left investors on edge, with whispers of insider knowledge and unexpected tech sector shifts stirring intrigue.