Japan's tech stock selloff deepens as DeepSeek triggers AI rethink
- Posted on January 28, 2025
- By Business News Today
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Japan's tech stock selloff deepens as DeepSeek triggers AI rethink
Japanese technology shares declined due to the global market impact of a new, low-cost Chinese AI model by DeepSeek. Nvidia and other tech companies saw significant losses as investors reevaluated the high valuations and dominance of current AI leaders in light of this new competition.