Nvidia faces a reckoning as Chinese upstart raises questions about Wall Street's darling
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish. That’s about as much as PepsiCo, McDonalds, Starbucks and Target are worth,
Nvidia stock and the Chinese AI start-up DeepSeek causing a market slump
Chuck Zodda, managing partner and Chief Investment Officer from the Armstrong Advisory Group discusses the dip of tech stocks, especially Nvidia after the announcement of Chinese AI start-up DeepSeek.
Nvidia loses more than $500 billion in market value after Chinese AI startup bursts onto scene
With Monday’s losses, Apple has retaken the title of world’s most valuable company and Nvidia’s value sank to around $2.8 trillion.
Nvidia faces competition from Chinese upstart DeepSeek: How did it all happen?
Mostly known only in gaming and crypto circles a few years ago, Nvidia burst into the zeitgeist after seeing its sales surge because customers wanted its chips to train their chatbots and other artificial intelligence products.
Why Nvidia investors are spooked by Chinese AI upstart DeepSeek
Yet many in Silicon Valley believe the broad sell-off is an overreaction to DeepSeek’s latest model, which they argue could spur wider adoption and utility of AI by radically lowering the technology’s cost,
Nvidia shares sink as Chinese AI app spooks markets
DeepSeek, a Chinese AI chatbot, was made at a fraction of the cost of its rivals
Nvidia sheds $600 billion in market cap as Chinese AI startup DeepSeek spurs brutal rout of tech stocks
The shocking success of a new model from a mysterious Chinese lab has America questioning its leadership of the sector.
Nvidia, US stocks close higher after Chinese AI shock
US stocks and shares in chip-making giant Nvidia on Tuesday clawed back some of their losses following a steep sell-off a day earlier triggered by the sudden success of Chinese
Chinese AI DeepSeek’s rout of tech stocks may benefit mortgage rates
The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and ...
Tech stocks tank as a Chinese competitor threatens to upend the AI frenzy; Nvidia sinks nearly 17%
Wall Street’s superstars tumbled as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve ...
Nvidia Stock Investors Just Got Bad News From DeepSeek, but Certain Wall Street Analysts See a Silver Lining
Brian Colello at Morningstar maintained his target price of $130 per share on Nvidia stock following the DeepSeek news. "We ...
Nvidia, other tech stocks shaken by Chinese competitor’s AI advance
Wall Street’s superstars tumbled Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they ...
Nvidia Supplier Advantest Lifts Outlook on Continued AI Spending
Advantest Corp. raised its annual forecast above analyst estimates on strong demand for chip testers, a move that may allay ...
New Chinese app DeepSeek is tops among Apple Store apps. Why that's bad news for Nvidia
DeepSeek AI, favored by investors over ChatGPT, uses rapid advancements with cheaper chips as U.S. tech restrictions fuel ...
DeepSeek down live: Chinese AI app not working properly amid huge interest in ChatGPT competitor
DeepSeek says its AI model is similar to US giants like OpenAI, despite fears of censorship around issues sensitive to ...
Apple, Nvidia losses keep S&P 500, Nasdaq flat as Fed's rate verdict looms
Markets widely expect the central bank to hold its lending rate steady in its decision, expected at 2 p.m. ET.
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DeepSeek Panic Live Updates: Nvidia Stock Makes History Again With $260 Billion Rebound
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a ...