Nvidia shares sink as Chinese AI app spooks markets
US tech giant Nvidia lost over a sixth of its value after the surging popularity of a Chinese artificial intelligence (AI) app spooked investors in the US and Europe. DeepSeek, a Chinese AI chatbot reportedly made at a fraction of the cost of its rivals, launched last week but has already become the most downloaded free app in the US.
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 ...
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A Chinese artificial intelligence company released its model, R1, about a week and a half ago, sending American chipmaker ...
Based on my tests and published reports, DeepSeek not yet as advanced as its American counterparts, but it’s quite good ...
Advantest Corp. raised its annual forecast above analyst estimates on strong demand for chip testers, a move that may allay ...
The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and ...
The release of Chinese AI startup DeepSeek's latest AI model disrupted the tech sector and caused $1 trillion in stock market ...
The software group said it is open to leveraging AI models from the likes of DeepSeek if they meet certain cost, reliability ...
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China's DeepSeek has panicked investors in top AI stocks after it said its new model was built with less computing power than ...
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