China’s DeepSeek AI Wipes Out $1 Trillion From US Crypto and Tech Markets

• DeepSeek’s low-cost AI models disrupt U.S. tech, causing market volatility.  
• Major AI stocks drop, losing over $1 trillion in market cap amid DeepSeek’s rise.  
• Experts see current AI dip as a buy opportunity, highlighting DeepSeek’s scalable models.

AI-related digital assets took a hit, thanks to the impact caused by DeepSeek, a Chinese AI startup. Known for developing AI models at a fraction of the cost spent by Silicon Valley giants, DeepSeek’s rise in the market has caused volatility across tech stocks and the AI market.

The market reacted quickly as major AI tokens, including companies, declined. The affected companies include Arm ($ARM), Nvidia ($NVDA), Broadcom ($AVGO), Super Micro ($SMCI), and others, all losing between 2% and 5.5% in value. 

The Nasdaq 100 futures fell by more than 2%, losing over 470 points, wiping o…

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