Broadcom stock is struggling for direction Tuesday after the chipmaker fell sharply Monday following the release of DeepSeek, a cheap AI chatbot.

The release of DeepSeek’s open-source AI chatbot caused a sharp sell-off in Nvidia and Broadcom, shifting market sentiment in favor of AI users.

The Chinese chatbot DeepSeek demolished the US stock market, bringing down the capitalization of American companies by a trillion dollars. This is reported by the world media.

Following the market plunge triggered by the release of the DeepSeek chatbot, Nvidia has recovered a large portion of its losses.

Chinese startup DeepSeek's artificial intelligence chatbot is not revolutionary enough to upend the western artificial intelligence industry as the total addressable market for AI compute is still expected to double in the long term,

US tech giant Nvidia lost over a sixth of its value after the surging popularity of a Chinese artificial intelligence (AI) app spooked investors in the US and Europe. DeepSeek, a Chinese AI chatbot reportedly made at a fraction of the cost of its rivals, launched last week but has already become the most downloaded free app in the US.

The popularity of China's DeepSeek's chatbot appears to have shattered a widespread belief that developing artificial intelligence requires many billions of dollars of investment as has been in the case of US AI models.

The popularity of China's DeepSeek's chatbot appears to have shattered a widespread belief that developing artificial intelligence requires many billions of dollars of investment as has been in the case of US AI models.

President Donald Trump said the release of DeepSeek AI should be a "wake-up call" for the country's tech industry.

Japanese tech firms sank Tuesday after a sell-off in US titans following news of China's DeepSeek chatbot, while the dollar rallied on a report saying

Shares in Nvidia, whose semiconductors power the AI industry, fell nearly 17 percent on Wall Street, erasing nearly $600 billion of its market value.

The surprise success of China’s AI startup, DeepSeek, led to tech stocks being hammered in the US market. Nvidia, the leading supplier of AI chips, was largely impacted; its shares plunged 17 per cent,