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 shoestring budget.
What is DeepSeek, and why is it causing Nvidia and other stocks to slump?
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
Tech stocks fall as China's DeepSeek sparks U.S. worries about the AI race
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.
US tech stocks steady after DeepSeek AI app shock
US tech stocks were steady on Tuesday after they slumped on Monday following the sudden rise of Chinese-made artificial intelligence (AI) app DeepSeek. Shares in chip giant Nvidia were up over 6% by mid-day trade having sank on Monday, as experts said the US AI sell-off may have been an over-reaction.
China's DeepSeek prompts global selloff in AI-linked stocks
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Investors sold off a host of technology stocks from Tokyo to New York on Monday as they worried that the emergence of a low-cost Chinese artificial intelligence model would threaten the dominance of current AI leaders such as Nvidia.
Trump calls China’s DeepSeek AI app a ‘wake-up call’ after tech stocks slide
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker Nvidia shed $589 billion in market capitalization.
Asia Tech Stocks Slump After DeepSeek’s Rise Triggers U.S. Chip Selloff
Technology stocks fell sharply in Asia after the emergence of Chinese artificial-intelligence startup DeepSeek triggered a selloff in AI-related stocks overnight and cast uncertainty over the rising demand for data centers.
Transcript: China’s DeepSeek AI triggers tech sell-off
US tech stocks took a nosedive after a Chinese AI company stunned the industry. Plus, Starbucks wants to brew up more business, so now you got to pay to be there. I’m Sonja Hutson, and here’s the news you need to start your day.
DeepSeek sparks global AI selloff, Nvidia losses about $593 billion of value
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Investors sold technology stocks across the globe on Monday as they worried that the emergence of a low-cost Chinese artificial intelligence model would threaten the dominance of current AI leaders like Nvidia,
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