Global investors dumped tech stocks amid the emergence of a low-cost Chinese AI model, leaving Nvidia with a record one-day ...
Shares in Nvidia, whose semiconductors power the AI industry, fell nearly 17 percent on Wall Street, erasing nearly $600 ...
Worries about Western AI dominance permeated the markets, with Nvidia stock plunging 17% alongside other chipmakers, ...
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker ...
Nasdaq futures fell over by 5%, accompanied by a selloff in U.S. technology stocks, as concerns grew over a more ...
Nasdaq futures fell over by 5%, accompanied by a selloff in U.S. technology stocks, as concerns grew over a more ...
A selloff was triggered after a cheap AI model from Chinese startup DeepSeek climbed to the top of Apple’s appstore, sparking ...
Nvidia, a US company known for producing the powerful chips used in AI, took the hardest hit. Its stock price dropped 17% in ...
He told CNBC: "My understanding is that Deepseek has about 50,000 H100s, which they can't talk about obviously because it is ...
The US president put a positive spin on the success of the Chinese AI software that sent US tech stocks into a tailspin.
DeepSeek began attracting more attention in the industry last month when it released a new AI model on par with U.S.
DeepSeek’s AI chatbot gained broader exposure earlier this year with its release on Apple and Google app stores. By Monday, ...