Nvidia's market value dropped more than $500bn after the emergence of DeepSeek - a low-cost chatbot built by a Chinese AI firm.
The shocking success of a new model from a mysterious Chinese lab has America questioning its leadership of the sector.
Investors soured on some tech stocks like Oracle and Nvidia as China’s DeepSeek sparked questions about the massive AI ...
Major US technology firms stocks dropped after the emergence of a low-cost chatbot built by a Chinese AI firm.
Major US technology firms stocks dropped after the emergence of a low-cost chatbot built by a Chinese AI firm.
Investors dumped the high-flying growth stock at the open and were continuing to do so as the morning session progressed in ...
It’s not just Nvidia. Chip makers, data-center operators and other companies looking to sell picks and shovels into the gold rush of the artificial-intelligence boom are getting a brutal beat-down.
Nvidia, Microsoft, and Alphabet were among the market's top losers on Monday as the rise of DeepSeek rattled investors.
The S&P 500 was down 1.4%. The Nasdaq Composite was down 2.3%. The Dow is holding up better today for the same reason it ...
DeepSeek's new AI assistant topped download charts over the weekend, surpassing rivals like Google's Gemini and OpenAI's ...
DeepSeek offers the prospect of a viable, cheaper AI alternative, raising questions on the heavy spending by US companies ...
Nvidia was down nine percent in pre-market trading, with Meta and Microsoft, which has also made a big bet on AI in recent years, both seeing their shares fall by four percent. Dutch semiconductor ...