Topline
The release of a low capitalist artificial intelligence model from China’s Deep Sak on Monday sent a cold through the US stock market, which launched a massive sale of critical backgrounds behind the record market.
Monday was a brutal day for American major tech stocks.
Key facts
US stocks hit the wall on Monday: S&P 500 fell about 2 % in the East Market at 9:30 am, and Tech Heavy Nes Deck sank 3.5 %, after December 18 and the third worse day of the last day The worst percentage is moving towards loss. Two years.
Domestic leaders in AI caused stinging losses, as Microsoft fell 4 percent and Tesla 2 percent, while semiconductor chip architect Nvidia 12 % and other large chip stocks such as broad work and Taiwan semiconductor manufacturing company fell more than 10 percent.
During the release of its competitive Generative AI model during the last week’s release from the Self -Off -weekend, Unknown, an American firm, Microsoft and Nvidia, a US firm fighting an open -fledged Chinese firm, DiPsic, and With its viral chat boot chatigpt, the depressic is particularly running on a part of it. The cost of rivals based in the United States.
Because DiPsic News is so about our equality, JP Morgan analyst Sandeep Deshpande Inquiries In a note to customers that the low cost of depressic “is creating ideas for investors that the AI investment cycle can be more hype and it is a more effective future.”
And more widespread, the idea of a rival to reduce the Generative AI revolution in the US -based AI Revolution throws a wrench in investors’ historical confidence on US stock, as the S&P level trades Compared to companies’ revenue and profit compared to dot com bubbles. , Which means that investors are doing more and more ponytail to get a piece of equity to the states.
Referring to the “magnificent seven” set of trillion dollars of US dollars, including Navidia and Tesla, the most part of the Bill Market of the 2020s, Ed Yardi, founder of Yardi Research, noted that “their greatness emerges from China. Has come up. “
Important quote
Yardi has been warned that “American Tech is” bad news “for Behimotis, with which he plans to dominate the AI market with his expensive AI services. “
Chief Central
Burnstein analyst Stsi Rasgon wrote to the client in a Monday note, “Don’t currently buy the Domes Day scenario”. Of the depressic Medicine According to Rasgan, computing power costs only $ 5.6 million to develop its model, which said that the misleading personality does not calculate other “sake” costs related to the development of her AI model. – Alexander Wang, CEO of American AI Billionaire, Tesla, CEO of Tesla and Scalai CEO Alexander Wang Theory DiPsic is actually a NVIDIA’s own worth more than $ 1 billion.
Key background
DPCAC has a new admission to AI’s large -language model Arms Race that includes Openi, Facebook’s parents Meta and Google Parent Alfbit. AI’s War came to a national stage last week when President Donald Trump announced a $ 500 billion joint venture in the construction of the infrastructure needed to strengthen the open -general intelligence measures. In his speech last Tuesday, especially Trump Called The importance of defeating China on AI for the United States, saying of this technology: “We want to keep it in this country. China is a competitor and is another rival. Billionaire Trump ally Mark Anderson and Vivek Ramswamy. The main tech data including Every one Given Deepesic’s new technology for a “sputnak moment” for American AI. NVIDIA, which was the world’s most valuable company before Monday’s slide, designs the majority of the semiconductor and data storage technology required for large -scale AI, including depressic, enjoying a profits explosion because worldwide The companies fought on NVIDIA’s graphics processing units. . The magnificent seven includes the alphabet, Amazon, Apple, Meta Microsoft, NVIDIA and Tesla, with a market value of about $ 17 trillion between seven giants.
Tanjant
The AI revolution increased the US stock Record Leadership in the global stock market, in which US companies have participated in 67 % of the World Equity Market at the end of 2024, According to To MSCI. According to Fact Set data, S&P has increased 201 % during the last decade, leading to 8 % loss for China’s leading CSI 300 index and Europe’s Stokes X -600 during this period 33 % have been benefited for.
What to see?
Monday’s sale -offs set a significant week for large tech stocks. Meta, Microsoft and Tesla will report the fourth quarter revenue on Wednesday afternoon, while Apple will follow Thursday.
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