DeepSeek sparks AI stock selloff; Nvidia posts record market-cap loss
Global investors dumped tech stocks on Monday as they worried that the emergence of a low-cost Chinese artificial intelligence model would threaten the dominance of AI leaders like Nvidia, evaporating $593 billion of the chipmaker's market value,
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DeepSeek AI 'using banned Nvidia H100' chips and Elon Musk says it's 'obvious'He told CNBC: "My understanding is that Deepseek has about 50,000 H100s, which they can't talk about obviously because it is ...
DeepSeek's R1 model shows that AI companies don't need advanced AI chips to build good models, that's not good for companies ...
Chinese start-up DeepSeek’s claims of a low-cost AI model ignited fears about competitive edge of US tech giants. Read more ...
The Dow is up roughly 0.3%, versus a fall of 3.11% for the Nasdaq. If it holds, the Dow's 3.41 percentage point ...
The S&P 500 and Nasdaq fell sharply, mainly due to a sell-off in Nvidia and other chipmakers. This comes amid the rise of a ...
DeepSeek’s progress suggests Chinese AI engineers have found a way to work around the export bans, focusing on greater ...
Shares of AI-related hardware companies plunged on Monday, including Taiwan Semiconductor Manufacturing ( TSM -14.11%), ...
Nvidia, which soared to the top of the stock market by selling the computer chips fueling the world’s artificial intelligence ...
DeepSeek AI, favored by investors over ChatGPT, uses rapid advancements with cheaper chips as U.S. tech restrictions fuel ...
Despite its 171% gain last year, investors can still get their hands on Nvidia stock at a reasonable valuation -- about 30 ...
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