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Chip Stocks Overnight Reaction to DeepSeek: 1. Arm, $ARM: -5.5% 2. Nvidia, $NVDA: -5.3% 3. Broadcom, $AVGO: -4.9% 4. Super Micro, $SMCI: -4.6% 5. Taiwan Semi, $TSM: -4.5% 6. Micron, $MU: -4.3% 7. Qualcomm, $QCOM: -2.8% 8. AMD, $AMD: -2.5% 9. Intel, $INTC: -2.0% US markets are on track to erase over $1 trillion of market cap in Monday's session. All as earnings, tariffs, and the Fed meeting are in the spotlight. It's going to be another wild week.
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DeepSeek story feels like a psyop… company established less than 2 years ago flies completely under the radar to unveil state of the art AI interface? Nah. Color me skeptical
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