US-listed shares of tech giants Nvidia, TSMC, and others are gaining some lost ground after China's DeepSeek rattled stock markets.

The stock market saw a sharp drop, with the Nasdaq leading the decline, falling nearly 3%, as fears about AI’s future shook investor confidence. The rise of Chinese AI startup DeepSeek, which claims to offer cheaper and equally effective AI solutions,

The market reaction proved particularly severe for Nvidia (NASDAQ: NVDA), with shares plummeting and erasing half a trillion in market cap at the time of this writing. To put this staggering figure in perspective,