Nvidia faces a reckoning as Chinese upstart raises questions about Wall Street's darling
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish. That’s about as much as PepsiCo, McDonalds, Starbucks and Target are worth,
Nvidia stock and the Chinese AI start-up DeepSeek causing a market slump
Chuck Zodda, managing partner and Chief Investment Officer from the Armstrong Advisory Group discusses the dip of tech stocks, especially Nvidia after the announcement of Chinese AI start-up DeepSeek.
Nvidia, other tech stocks shaken by Chinese competitor’s AI advance
Wall Street’s superstars tumbled Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve been feasting on.
Nvidia faces competition from Chinese upstart DeepSeek: How did it all happen?
Mostly known only in gaming and crypto circles a few years ago, Nvidia burst into the zeitgeist after seeing its sales surge because customers wanted its chips to train their chatbots and other artificial intelligence products.
Nvidia loses nearly $600B in value following rise of Chinese AI app
U.S. stocks dropped sharply Monday - and chipmaker Nvidia lost nearly $600 billion in market value - after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura of invincibility surrounding America's technology industry.
Why Nvidia investors are spooked by Chinese AI upstart DeepSeek
Yet many in Silicon Valley believe the broad sell-off is an overreaction to DeepSeek’s latest model, which they argue could spur wider adoption and utility of AI by radically lowering the technology’s cost,
Nvidia, US stocks close higher after Chinese AI shock
US stocks and shares in chip-making giant Nvidia on Tuesday clawed back some of their losses following a steep sell-off a day earlier triggered by the sudden success of Chinese artificial intelligence firm DeepSeek.
Nvidia shares sink as Chinese AI app spooks markets
DeepSeek, a Chinese AI chatbot, was made at a fraction of the cost of its rivals
Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.
US stocks, Nvidia shares steady after Chinese AI shock
US stocks and shares in chip-making giant Nvidia on Tuesday clawed back some of their losses following a sell-off triggered by the sudden success of Chinese artificial intelligence firm DeepSeek.
Chinese algorithm boosts Nvidia GPU performance 800-fold in science computing
A breakthrough by Chinese researchers could help solve complex problems in industries ranging from aerospace to bridge design.
Trump may tighten restrictions on Nvidia sales to China — Report
The Trump administration is mulling expanding restrictions on Nvidia's product sales to China despite export controls failing ...
Chinese AI Enters the Chat
A Chinese artificial intelligence company released its model, R1, about a week and a half ago, sending American chipmaker ...
Why Nvidia Stock Is Plummeting Today
Shares of Nvidia ( NVDA -5.29%) were sinking Wednesday. The company's stock fell 6.2% as of 2:20 p.m. ET, but lost as much as ...
Trump Officials Discuss Tighter Curbs on Nvidia China Sales
Trump administration officials are exploring additional curbs on the sale of Nvidia Corp. chips to China, according to people familiar with the matter, who emphasized that conversations are in very ...
New Chinese app DeepSeek is tops among Apple Store apps. Why that's bad news for Nvidia
DeepSeek AI, favored by investors over ChatGPT, uses rapid advancements with cheaper chips as U.S. tech restrictions fuel ...
Nvidia Stock Investors Just Got Bad News From DeepSeek, but Certain Wall Street Analysts See a Silver Lining
Brian Colello at Morningstar maintained his target price of $130 per share on Nvidia stock following the DeepSeek news. "We ...
Chinese AI DeepSeek’s rout of tech stocks may benefit mortgage rates
The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and ...