DeepSeek: US tech stocks tumble on fears of cheaper Chinese AI
The emergence of DeepSeek's free assistant has placed big doubts over the US market's AI-driven rally of the past two years.
China’s DeepSeek AI breakthrough shakes up Wall Street, hits Nvidia, ASML shares
The Chinese start-up disrupted the AI landscape, showing that cost-effective AI models can rival larger systems, raising ...
LIVE: FTSE 100 down and Nasdaq more than 3% lower as DeepSeek's AI model roils tech
Chip giant Nvidia ( NVDA) was more than 11% lower in the first hour of US trading. Industry peer ASML ( ASML) lost 8%, while Arm ( ARM ), Broadcom ( AVGO ), and Micron Technology ( MU) also got ...