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China's DeepSeek AI sows doubts about US tech edge. Nasdaq, S&P 500 slide but Dow edges up
The Nasdaq & S&P 500 fell after Chinese startup DeepSeek shows AI can be built cheaply, sparking fears AI spending will stall. The blue-chip Dow rose.
China's DeepSeek AI roils US stocks at open, brings doubts about US tech edge
US stocks opened lower after Chinese startup DeepSeek's AI model shows AI can be built cheaply. That sparked fears AI spending will stall.
Nvidia Loses Nearly $600 Billion As China's DeepSeek Jolts Tech Shares
Shares in Nvidia, whose semiconductors power the AI industry, fell nearly 17 percent on Wall Street, erasing nearly $600 billion of its market value.
Advances by China's DeepSeek sow doubts about AI spending
Tech stocks tumbled on Monday as advances by Chinese artificial intelligence (AI) start-up, the Hangzhou DeepSeek Artificial Intelligence Co., Ltd.’s DeepSeek, cast doubt on whether the United States could sustain its leadership in AI by spending billions of dollars on chips.
Big Tech Faces Heat as China's DeepSeek Sows Doubts on Billion-Dollar Spending
DeepSeek has claimed it took just two months and cost under $6 million to build an AI model using Nvidia's less-advanced H800 chips. An app powered by the V3 model became the top iPhone download in the U.
China’s DeepSeek AI app sends U.S. tech stocks reeling
The tech-heavy Nasdaq index lost nearly 2.7 percent in early trading, with chipmaker Nvidia down nearly 12 percent.
Hosted on MSN
2d
Morgan Stanley Cuts Price Targets For Nvidia, Broadcom, Other Chipmaker Stocks Post DeepSeek Launch: But Retail Stays Positive
Morgan Stanley analysts were surprised by the response to DeepSeek's launch, a development that underscores the intense ...
2d
on MSN
DeepSeek’s $1 trillion stock market crash: Nvidia, TSMC, and Broadcom recover some losses after AI shock
US-listed shares of tech giants Nvidia, TSMC, and others are gaining some lost ground after China's DeepSeek rattled stock ...
2d
on MSN
US stocks, Nvidia recover slightly after China's DeepSeek AI brought steep losses
U.S. stocks recovered some ground on Tuesday after getting hammered by fears over China's DeepSeek AI model built on a ...
3d
on MSN
China’s new, high-powered DeepSeek AI spooks U.S. markets
Chipmakers and other AI-connected industries saw stocks drop Monday amid concerns over advancements by DeepSeek ...
3d
Nvidia reels after China’s AI breakthrough
Nvidia, which soared to the top of the stock market by selling the computer chips fueling the world’s artificial intelligence ...
2d
DeepSeek is upsetting markets but China's own manufacturing refuses to grow
Even as DeepSeek has rattled the US tech industry with its R1 artificial intelligence (AI) model, the Chinese economy ...
24/7 Wall St. on MSN
1d
Palantir, Broadcom And Oracle Will Be S&P 500 Winners in 2025
There's no shortage of uncertainties surrounding productivity gains to be had from the AI boom. Will embracing ...
3d
on MSN
DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street
A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.
1d
on MSN
Will Broadcom’s (AVGO) AI Revenue Double by 2027?
We recently published a list of 10 AI Stocks Analysts Are Focusing On These Days. In this article, we are going to take a ...
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