The tech world experienced a seismic shift as Chinese start-up DeepSeek made headlines with bold claims about its new AI chatbot, sparking panic among investors. Stocks, particularly Nvidia, experienced a dramatic plunge—17% lower in a single day—wiping out nearly $600 billion in

NVIDIA faced a stunning 17% stock drop, wiping out a staggering $600 billion in value, after the launch of DeepSeek’s R1 model—a chatbot that emerged from a race against time and a shoestring budget. Developed in just two months and for only