Nvidia (NASDAQ: NVDA) and other AI stocks plunged on Monday, Jan. 27, as investors responded to the threat from DeepSeek, the Chinese AI chatbot that rivals top models like ChatGPT for a fraction of ...
DeepSeek’s AI models reportedly rival OpenAI’s for a fraction of the cost and compute.
The emergence of China-based AI app DeepSeek sent shares plummeting on Monday for many U.S. tech giants, including chipmaker Nvidia and AI-backer Microsoft.
In what marks the largest single-day drop in stock market history, Nvidia's valuation has been hit by China's answer to ChatGPT.
Despite competition from other chipmakers and concerns over U.S. export restrictions, Nvidia remains central to AI ...
Nvidia shares have lagged most of their Mag 7 peers, as well as the broader Nasdaq benchmark, over the past six months.
The Chinese start-up DeepSeek developed an AI chatbot that reportedly rivaled models from industry ... The market reaction proved particularly severe for Nvidia (NASDAQ: NVDA), with shares plummeting ...
The DeepSeek chatbot, known as R1, responds to user queries just like its U.S.-based counterparts. Early testing released by DeepSeek suggests that its quality rivals that of other AI products, while ...
Following the market plunge triggered by the release of the DeepSeek chatbot, Nvidia has recovered a large portion of its losses.
The AI chipmaking planetoid, co-founded in 1993 by CEO Jensen Huang, has a market cap of $3.40 trillion, making it the second ...
Chinese AI chatbot DeepSeek upended the global industry and wiped billions off US tech stocks when it unveiled its R1 ...
Since President Donald Trump won the 2024 election in early November, U.S. stocks rose in anticipation that he will institute ...
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