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Technology shares were on the Red Monday afternoon, with the SPDr of the selected technology sector (XLK) falling 5.4% and SPDR S&P semiconductors ETF (XSD) below 8.7%.
The Philadelphia semiconductor index fell 10.1%.
In corporate news, the shares of large semiconductor companies fell in the middle of the Chinese start of AI Deepseek, which has begun an open -source model that could work on less advanced chips. Deepseek’s app ranked first on Apple’s App Store (AAPL) Apple over the weekend, Wedbush said on a Monday Note. Nvidia 
Nvda fell 17%, broadcom 
Avo fell 19.6%, micron 
smack pour 13.6%, and ASML 
ASML was dropped 7%.
