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.
Tech stocks tumble as a Chinese competitor threatens to upend the AI industry; Nvidia down 17%
Wall Street’s superstars are tumbling as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve been feasting on. The S&P 500 fell 1.8% Monday. Big Tech stocks took some of the heaviest losses,
Tech stocks tumble as Chinese competitor threatens to upend AI industry; Nvidia down 16%
The S&P 500 was down 1.7% in afternoon trading and heading for its worst day in more than a month. Big Tech stocks took some of the heaviest losses, with Nvidia down 16%, and they dragged the Nasdaq composite down 3.2%.
Shares of Nvidia, Broadcom, and ASML slump as China’s DeepSeek threatens the companies’ dominance in artificial intelligence, ...
The Tesla Optimus—an increasingly important part of the bull thesis—has little chance of long-term success. See why I ...
Tech stocks falling after small Chinese lab, DeepSeek, develops new AI model that challenges ChatGPT and Tesla; what to know.
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on ...
Dow Jones Futures fall amid concerns over DeepSeek's potential impact on Nvidia's dominance, with tech giants' earnings ...
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Wall Street’s superstars are tumbling Monday as a competitor from China threatens to upend the artificial-intelligence frenzy ...
Tesla stock is up 100% in the last 12 months, and the company reports earnings on Jan. 29. The EV maker is seeing delivery ...
A look at Nvidia's role in enabling autonomous vehicles and giving the industry what an analyst called a "shot in the arm." ...
FTSE funds with investments in AI stocks like Nvidia faced significant turbulence today, triggered by a little-known Chinese start-up.
DeepSeek was reportedly developed in just two months at a cost of under $6 million — a stark contrast to the billions ...
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