Global investors dumped tech stocks amid the emergence of a low-cost Chinese AI model, leaving Nvidia with a record one-day ...
More AI competition will make it hard for Big Tech to generate the oligopoly-like profit margins that investors hope for.
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker ...
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, ...
Wall Street's tech giants dragged US frontline indices on Monday after China's AI startup DeepSeek rattled Silicon Valley and ...
DeepSeek began attracting more attention in the industry last month when it released a new AI model on par with U.S.
Nvidia, a US company known for producing the powerful chips used in AI, took the hardest hit. Its stock price dropped 17% in ...
Nasdaq futures fell over by 5%, accompanied by a selloff in U.S. technology stocks, as concerns grew over a more ...
The US president put a positive spin on the success of the Chinese AI software that sent US tech stocks into a tailspin.
DeepSeek’s AI chatbot gained broader exposure earlier this year with its release on Apple and Google app stores. By Monday, ...
Timing really is everything. A week on from TikTok’s short-lived ban over fears of Chinese harvesting U.S. data, despite ...