Why Did Apple and Meta Platforms Rise While Nvidia Fell 17% in 1 Day?

Jan. 27 was a wild day in the stock market as investors reacted to Chinese start-up DeepSeek's R1 "reasoning" model that competes with OpenAI's o1 model.Semiconductor stocks Nvidia (NASDAQ: NVDA), Broadcom, and Taiwan Semiconductor Manufacturing -- which constitute over $5 trillion in combined market cap -- fell between 13% and 17% in a single session.But outside of chip stocks and some artificial intelligence (AI)-focused companies, the rest of the market largely held up. In fact, Apple (NASDAQ: AAPL) jumped 3%. And Meta Platforms (NASDAQ: META), which is one of the largest investors in AI, gained 2%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool