DeepSeek Buzz Batters Big Tech But This Analyst Says 'Buy The Dip:' Here's Are Top 5 Semiconductor ETFs With The Lowest Expense Ratios That You Can Consider

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DeepSeek Buzz Batters Big Tech But This Analyst Says 'Buy The Dip:' Here's Are Top 5 Semiconductor ETFs With The Lowest Expense Ratios That You Can Consider - Benzinga

Quick Summary:

"To me, it's an overreaction," Fundstrat Global Advisors head of research Tom Lee told CNBC's "Closing Bell," comparing the drop to Nvidia Corp.’s (NASDAQ:NVDA) March 2020 decline that proved to be a significant entry point for investors.

What Happened: As DeepSeek boasts of high performance at a significantly lower cost, semiconductor stocks which are the backbone of AI development, bore the brunt of the selloff.

The emergence of DeepSeek, a Chinese artificial intelligence startup rattled the markets on Monday.