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NVIDIA plunges 18% and tech stocks slide
Nvidia plunges 18% and tech stocks slide as China's DeepSeek spooks investors
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.
US stock futures sink as investors weigh China challenge to US dominance in AI. Nvidia off 12%
Huge U.S. technology companies that soared amid an artificial intelligence frenzy last year are getting pummeled after a little talked about Chinese startup demonstrated a chatbot that it says rivals versions from OpenAI and Google,
What is DeepSeek? Chinese AI competitor sends Nvidia and other tech stocks plummeting
In Amsterdam, Dutch chipmaking equipment company ASML slid 7%. In Tokyo, Japan’s Softbank Group Corp. lost 8.3% to pull closer to where it was before leaping on an announcement trumpeted by the White House that it was joining a partnership to invest up to $500 billion in AI infrastructure.
Nvidia, DeepSeek
Chinese AI startup DeepSeek is threatening Nvidia’s AI dominance
A new AI model from Chinese company DeepSeek is hitting the stock of AI boom darling Nvidia. DeepSeek can run on less-advanced chips, and investors seem to be questioning whether demand for Nvidia's high-end chips is overdone. The chipmaker's shares took a beating in premarket trading, dropping 13%.
Nvidia loses more than $500B in market value after Chinese AI startup bursts onto scene
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market selloff in March 2020 that the coronavirus pandemic triggered.
Nvidia’s $465 Billion DeepSeek Plunge Is Largest in Market History
Nvidia Corp.’s plunge, fueled by investor concern about Chinese artificial-intelligence startup DeepSeek, erased a record amount of stock-market value from the world’s largest company.
2h
on MSN
China just redefined the global AI race—with massive implications for OpenAI, Nvidia, and foreign policy
Silicon Valley’s initial advantage in LLMs evaporated quickly despite export controls, writes AI expert Gary Marcus.
13m
Scale AI Founder Alexandr Wang: China's DeepSeek Has Many Of The Most Powerful Nvidia Chips Despite U.S. Export Controls
Billionaire and Scale AI CEO Alexandr Wang told CNBC's "Squawk Box" on Thursday that DeepSeek, the Chinese AI company that has sparked panic on the market by introducing a seemingly more efficient ...
24/7 Wall St on MSN
1h
SPY Crash: NVIDIA Drops $586 Billions In a Flash
China’s artificial intelligence lab DeepSeek vaporized $586 billion and counting from Nvidia‘s (NASDAQ:NVDA) market ...
1h
Nvidia says DeepSeek advances prove need for more of its chips
Nvidia on Monday said Chinese AI firm DeepSeek's advances show the usefulness of its chips for the Chinese market and more of ...
59m
on MSN
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 ...
1h
Microsoft CEO says AI use will ‘skyrocket’ with more efficiency amid craze over DeepSeek
In an apparent response to the attention on a hot new AI model out of China, Microsoft CEO Satya Nadella posted online ...
1h
Big Tech faces heat as China's DeepSeek sows doubts on billion-dollar spending
Chinese startup DeepSeek's cheaper AI is sharpening investor scrutiny of the billions U.S. tech giants are pouring to develop ...
1h
The AI-stock wipeout lays bare 2 risks investors have been happy to ignore - until now
DeepSeek has complicated the dominant narrative that's propped up the market for the last two years, challenging lofty ...
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