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Futures tumble as DeepSeek sparks chip meltdown, crypto scam tokens flood Solana and Ethereum
DeepSeek's AI models wiped $589 billion from Nvidia's market cap and triggered a wave of scam tokens on Solana and Ethereum with no ties to the company.
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cryptobriefing.com
AI chip selloff erases over $1 trillion as custom silicon threatens Nvidia's dominance
AI chip stocks lost over $1 trillion in market value in July 2026 as custom silicon from OpenAI, Amazon, and Cerebras challenges Nvidia's GPU dominance.
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zerohedge.com
Futures Tumble As Latest Chinese "DeepSeek Moment" Sparks Chip Meltdown
“When there’s panic, no one wants to be the last one in a selloff, so the selling pressure increases. With the start of reporting, the suspicion of overvaluation has been…
