Part 3/7:
The immediate market response was dramatic. Investors, startled by Deep Seek’s low-cost yet high-performance model, reeled from the loss of value in major tech stocks, causing a trillion-dollar dip in the markets. Such a sharp correction underscores the anxiety about China's rapid progress and the potential for disruption in the global AI industry. The headlines emphasize this moment as a potential challenge to US dominance, raising fears about the shrinking lead US companies have maintained.