China's AI drive hammers tech stocks in Japan, Australia

Lucian Nemoiu

TOKYO: Japanese tech stocks fell on Tuesday (Jan 28) following a plunge in US tech stocks driven by the emergence of a low-cost Chinese generative AI model . US chipmaker Nvidia led a rout on Wall Street, falling nearly 17 per cent on fears that Chinese firm DeepSeek's chatbot could threaten US dominance in artificial intelligence. Nvidia stock was up slightly in after-hours trading. Heavyweight chip-related stocks tracked an overnight drop in the Nasdaq, but gains in bank shares helped the

China's AI drive hammers tech stocks in Japan, Australia https://www.channelnewsasia.com/ - 28.01.2025 05:30
China's AI drive hammers tech stocks in Japan, Australia https://www.channelnewsasia.com - 28.01.2025 05:08

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China's AI drive hammers tech stocks in Japan, Australia https://www.channelnewsasia.com/ - 28.01.2025 05:30
China's AI drive hammers tech stocks in Japan, Australia https://www.channelnewsasia.com - 28.01.2025 05:08