US stock market opens, Nvidia drops 12%

According to a report by Jinshi, the US stock market opened lower with the three major stock indexes, with the Dow Jones Industrial Average falling 0.8%, the S&P 500 index falling 2.2%, and the Nasdaq falling 3.6%. DeepSeek has raised concerns about the valuation of chip stocks, causing a sharp decline in semiconductor stocks, with Nvidia (NVDA. O) dropping 12%.