DeepSeek Is Not the Issue

This headline was an excuse, but it is not the reason for the tech sell-off Monday.

PRE-OPEN MARKET COMMENTS TUESDAY - The market dropped yesterday on news that a Chinese company has figured out a much cheaper way to develop AI. This rattled the tech sector and the S&P 500 dropped more than 100 points. I'm not going to pretend that I am an AI expert and I don't know to what degree this is going to impact Nvidia and other tech giants.

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