*DeepSeek raises questions on AI investments* Chinese artificial intelligence startup DeepSeek on Monday released its reasoning model R1, which rivals the capabilities of OpenAI’s o1 at a much cheaper cost. ➡️ https://cnb.cx/4aCRHTy *Nvidia’s $600 billion plunge* Nvidia shares plunged nearly 17% on Monday, its worst day since March 2020. The chipmaker lost close to $600 billion in market cap, the biggest drop for any company on a single day in U.S. history. ➡️ https://cnb.cx/4gc6kyp *Japan chip shares extend declines* Japan’s Nikkei 225 dropped around 1.5% as the country’s chip stocks, affected by DeepSeek’s release, extended their declines for a second consecutive day. ➡️ https://cnb.cx/40OrTRm *Nvidia sell-off an ‘overreaction’: Tom Lee* Nvidia’s slump is “an overreaction” at a scale close to the 2020 pandemic-sparked sell-off, Tom Lee, head of research at Fundstrat Global Advisors, told CNBC. ➡️ https://cnb.cx/40CIc2e _Get the latest updates: https://bit.ly/CNBCiWhatsApp_