#ETH ⭐US and European stock markets evaporated $1 trillion, DeepSeek triggered the largest stock market crash in history.

DeepSeek triggered the most severe stock market crash in history. Among them, NVIDIA suffered heavy losses, with the amount of losses soaring to $5888.62 billion, setting a new record for the highest single-day wealth evaporation in history.
Impacted by Deepseek, the stock prices of Japan and Europe have plummeted. DeepSeek, an artificial intelligence startup from China, is like a heavyweight bomb, causing a huge wave in the global technology stock field. Even the long-standing technological dominance of the United States is being strongly questioned. DeepSeek has proven to the world that it is now possible to create low-cost and high-performance artificial intelligence models. This breakthrough progress is like a huge stone thrown into a calm lake, breaking the investment paradigm of the original artificial intelligence supply chain, and causing the market to re-evaluate the overvaluation of industry giants such as Nvidia, ASML, and TSMC.
On the 27th, NVIDIA's stock price plunged significantly in pre-market trading, dropping by 16.86%; TSMC's stock price fell by 10%; Broadcom suffered a staggering 13.8% decline; Tesla's stock price also did not escape, dropping over 4%; tech giants such as Google, META, Microsoft, Amazon, AMD, ARM, Applovin, etc., also experienced declines, with drops of 4%, 5%, 6%, 5%, 6%, 8.9%, 6.8% respectively. Nasdaq 100 index futures similarly couldn't withstand the pressure, falling by 3.4%, and S&P 500 index futures as of 5 am in the US pre-market, also recorded a decline of 2%.
In the capital markets of Europe and Japan, technology stocks are also deeply mired and have plummeted significantly. ASML, the leader in the Dutch semiconductor equipment manufacturing sector, saw its stock price plummet by 11%. The current trend of losses is still ongoing, with a total market capitalization reduction of approximately $1 trillion for the Nasdaq 100 Index and the STOXX 600 Technology Index in Europe. The scale of the losses is staggering.
The stocks related to the Japanese chip industry chain encountered a 'cold wave' on Monday. Advantest, an important supplier of semiconductor testing equipment, saw its stock price drop by 8.6%. It's worth mentioning that NVIDIA is one of its major clients. Tokyo Electron and Renesas Electronics also suffered declines in their stock prices, with drops of 4.9% and 1.24% respectively. SoftBank Group, which owns the well-known chip design company Arm, previously announced its participation in the 'Gateway to the Stars' artificial intelligence program promoted by President Trump, and invested a whopping $100 billion in the US. The group's stock price soared, but unexpectedly faced a sudden downturn with a sharp drop of 8.3% due to the emergence of Deepseek. Even companies in the wire and cable sector, Furukawa and Fujikura, saw their stock prices plummet by 11.27% and 10.66% respectively, reflecting the market's panic.