The S&P 500 and Nasdaq plunged at midday when Chinese artificial intelligence startup DeepSeek shook up the sector with a lower-cost large language model.
Other chip stocks like Micron declined 9.89% and AMD shed 4.92%. Chinese sartup DeepSeek released on Jan. 20 a ...
The stock market saw a sharp drop, with the Nasdaq leading the decline, falling nearly 3%, as fears about AI’s future shook ...