From Financial Modeling Prep: 2025-01-29 05:16:36

Nvidia and semiconductor stocks opened lower on Tuesday after Monday’s tech sell-off. Nvidia dropped 0.6%, while Broadcom, AMD, Micron, and Marvell saw declines or remained flat.

The S&P 500 and Nasdaq 100 fell, reflecting ongoing investor uncertainty in the tech sector. Nvidia’s $593 billion market value loss was the largest in U.S. history.

DeepSeek’s AI assistant surpassing ChatGPT in downloads on Apple’s App Store triggered fears of market disruption in the AI sector, impacting Nvidia. Analyst price targets and market movers will be key to Nvidia’s rebound.



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