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A global technology stocks selloff on the Nasdaq Stock Market, prompted by the release of the Chinese

M23 offensive — A global technology stocks selloff on the Nasdaq Stock Market, prompted by the release of the Chinese DeepSeek-R1 model, leads to record losses in the market capitalizations of AI

Published January 27, 2025· Updated October 28, 2026·1 min read

Context: M23 offensive.

A global technology stocks selloff on the Nasdaq Stock Market, prompted by the release of the Chinese DeepSeek-R1 model, leads to record losses in the market capitalizations of AI and computer hardware companies. [https://www.reuters.com/technology/chinas-deepseek-sets-off-ai-market-rout-2025-01-27/ (Reuters)]

Event summary via Wikipedia Current Events (2025-01-27).