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

Chinese artificial intelligence startup DeepSeek rattled the U.S. technology sector after the company recently unveiled an AI model that is competitive with leading U.S. models b

In a matter of days, DeepSeek proved to be so popular as to climb to the top of Apple's App Store, surpassing OpenAI's ChatGPT as the most downloaded app. But for owners of Nvidia stock, and stock traders in general, DeepSeek is on track of becoming a black swan — an unexpected event with extreme consequences.

A major disruption hit the artificial intelligence sector this week as DeepSeek, a China-based chatbot, unveiled its latest AI models—trained for just $6 million. That’s a fraction of the cost U.S. companies typically spend,