DeepSeek shock wave hits Wall Street
Shares in Nvidia, the leading US AI firm, dropped by 17 percent yesterday, the biggest one-day loss to the market capitalisation of a company in history, after the announcement by Chinese firm DeepSee
Nightmare on Wall Street as tech stocks lose $1T over Chinese AI startup DeepSeek
Major US tech stocks like Nvidia, Microsoft, Meta and Tesla were set for a stunning $1 trillion rout on Monday – as fears over an advanced Chinese artificial intelligence model triggered hysteria from Wall Street to Silicon Valley.
‘Is DeepSeek a DeepFake or real?’ Doubts and questions emerge on Wall Street and in Silicon Valley
In today’s CEO Daily: Diane Brady on the DeepSeek fallout in Silicon Valley. Analyst notes from Baird, Jefferies, JP Morgan, and Wedbush express skepticism about DeepSeek’s claims.
Is Deepseek more an attack on Wall Street than an AI innovation?
The launch of Deepseek has been framed as the AI race’s Sputnik but the timing is dubious and questions are being asked about whether the tech is really as game-changing as its creators claim. Either way,
What is DeepSeek, and why is it causing Nvidia and other stocks to slump?
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
DeepSeek gets Silicon Valley talking
Since Chinese AI company DeepSeek released an open version of its reasoning model R1 at the beginning of this week, many in the tech industry have been
What is DeepSeek, the Chinese AI startup that shook the tech world?
DeepSeek R1, the surprisingly efficient and powerful Chinese AI model, has taken the technology industry by storm and is rattling nerves on Wall Street.
China’s lightning AI success should frighten Wall Street – and Trump
China has astonished the artificial intelligence community with a new model that runs at the fraction of the cost of American “frontier” models. DeepSeek is almost as good too and it has published the source code,
DeepSeek sparks AI stock selloff; Nvidia posts record market-cap loss
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
Broadcom Stock Remains Shaky After DeepSeek Sell-Off. How Worried Should Investors Be?
Broadcom stock is struggling for direction Tuesday after the chipmaker fell sharply Monday following the release of DeepSeek, a cheap AI chatbot.
The Express Tribune2d
Wall Street reacts to China's Deepseek, Nvidia loses about $400b
Major AI players, including Nvidia, Meta, Microsoft, and Alphabet, saw significant losses, with Nvidia shedding over 11% and losing $400 billion in market value. Analysts highlighted China’s growing challenge to US tech dominance.
DeepSeek is making Wall Street nervous about the AI spending boom: Here’s what we know
If the most sought-after AI chips aren't as vital as previously thought, an entire ecosystem built around massive AI investment could be in jeopardy.