EPISODE · Jan 27, 2025 · 41 MIN
Market Sell-Off: China AI Push Sparks Tech Tumble, Nvidia's Double-Digit Slide 1/27/25
from Squawk on the Street · host CNBC
Carl Quintanilla, Jim Cramer and David Faber covered a rough start to the week for stocks. Worries about competition from Chinese AI startup DeepSeek sparked a sell-off on Wall Street, led by Nvidia and other tech names whose shares fell by double digits Power providers that have benefited from the data center boom also saw their shares take a hit. The anchors explored what's at stake for the AI trade. Also in focus: Market bright spots, AT&T's earnings beat, no proxy fight for Pfizer, Jim celebrates the Eagles' NFC Championship victory. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Market Sell-Off: China AI Push Sparks Tech Tumble, Nvidia's Double-Digit Slide 1/27/25
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