The DeepSeek sell-off sent tech stocks tumbling across the board, but Bank of America sees opportunity in these non-AI hardware stocks.

Technology stocks regained ground on Tuesday, a day after a low-cost Chinese AI model rattled markets, while traders rotated back into the dollar from safe-haven currencies.

Monday’s 3% slide in the Nasdaq 100 Index came as a rude shock to tech bulls. For equity investors who’ve been made uncomfortable by tech’s wild outperformance over the past two years, though, there were some encouraging signs.

Technology stocks fell sharply in Asia after the emergence of Chinese artificial-intelligence startup DeepSeek triggered a selloff in AI-related stocks overnight and cast uncertainty over the rising demand for data centers.

US tech stocks were steady on Tuesday after they slumped on Monday following the sudden rise of Chinese-made artificial intelligence (AI) app DeepSeek. Shares in chip giant Nvidia rose by 8.8%, having slumped on Monday, as experts said the AI selloff may have been an over-reaction.

Stock markets mostly rose Wednesday, tracking a rally on Wall Street, where tech titans led by Nvidia recovered some of their hefty losses thanks to easing worries over Chinese artificial

But no consensus on whether impact of Chinese AI start-up will hasten tech decoupling of the two economies or sow greater partnership The earthquake that struck US tech stocks this week over the advance of Chinese artificial intelligence start-up DeepSeek is sending shock waves beyond Wall Street and Silicon Valley,