WS #12881
Asian semiconductor stocks plunge on AI spending fears, with KOSPI down 7.41% and Nikkei falling; Nvidia drops 5% as Apple retakes most valuable company title; DeepSeek pauses funding round amid founder controversy. DeepSeek pauses $1.4B funding round at $71-74B valuation after unverified transcripts of founder remarks spread; founder reportedly says DeepSeek still relies on Nvidia chips.
AI Capex Selloff Escalation
Asian semiconductor stocks plunge on AI spending fears, with KOSPI down 7.41% and Nikkei falling; Nvidia drops 5% as Apple retakes most valuable company title; DeepSeek pauses funding round amid founder controversy.
DeepSeek pauses $1.4B funding round at $71-74B valuation after unverified transcripts of founder remarks spread; founder reportedly says DeepSeek still relies on Nvidia chips.