WS #12317
Chinese startup Moonshot AI's breakthrough triggers AI and semiconductor selloff, reminiscent of DeepSeek moment; NVDA down 2.21%, AMAT down 5.57%. Apple rises 0.14% as defensive haven amid tech selloff; investors rotate from AI spenders to value.
AI Selloff and Moonshot Breakthrough
Chinese startup Moonshot AI's breakthrough triggers AI and semiconductor selloff, reminiscent of DeepSeek moment; NVDA down 2.21%, AMAT down 5.57%.
Apple rises 0.14% as defensive haven amid tech selloff; investors rotate from AI spenders to value.