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NVIDIA Stock Sinks in AI Rout Sparked by China's DeepSeek
Stock Market Today: Tech stocks crash, Nvidia tumbles on China AI threat
The Nasdaq could face market-cap losses of nearly $1 trillion if premarket declines hold into the close of trading.
Global Tech Stocks Plunge as China’s DeepSeek Undercuts Rivals
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Stock Market Today: Nvidia Stock Sinks in AI Rout Sparked by China's DeepSeek
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Nvidia tumbles and tech stocks slide premarket as China's DeepSeek spooks AI investors
DeepSeek topped the Apple AppStore chart and sparked fears the Chinese company is quickly catching up with OpenAI's ChatGPT while costing far less.
China's ChatGPT moment: Tech stocks fall as U.S. lead in AI race may be at risk
Tech stocks slide as Chinese AI startup DeepSeek triggers fears of China overtaking the U.S. in the AI race. Read more.
Nvidia Stock May Fall As DeepSeek’s ‘Amazing’ AI Model Disrupts OpenAI
Barrett Woodside, co-founder of the San Francisco AI hardware company Positron, said he and his colleagues have been abuzz about DeepSeek.
Tech stocks fall sharply as China’s DeepSeek sows doubts about AI spending
Some Chinese tech stocks advanced today amid the excitement over DeepSeek, although the wider CSI 300 index closed down 0.4 per cent. In Hong Kong Baidu closed 4 per cent up and Alibaba was up 3 per cent. “Tech is up today and the overall sentiment is quite positive in China”, said Wei Li, Head of multi-asset Investments for China at BNP Paribas.
Tech stocks plunge as China ‘delivers AI wake-up call’
Venture capitalist Marc Andreessen, a close advisor to Trump, described it as “AI’s Sputnik moment” - a reference to the Soviet satellite launch that sparked the Cold War space race. Scale AI’s Wang wrote on X that DeepSeek “is a wake up call for America”.
China's DeepSeek sparks AI market rout
Technology shares around the world slid on Monday as a surge in popularity of a Chinese discount artificial intelligence model shook investors' faith in the AI sector's voracious demand for high-tech chips.
Nvidia Shares Dip Amid DeepSeek AI Disruption
Nvidia Corporation (NASDAQ: NVDA) saw a 3% drop in its share price to $142.62 on Friday, following the launch of Chinese generative AI program DeepSeek. Despite the dip, Nvidia shares closed higher for the week.
Nvidia falls 10% in premarket trading as China's DeepSeek triggers global tech sell-off
DeepSeek launched a free, open-source large-language model in late December, claiming it was developed in just two months at a cost of under $6 million.
2h
China’s Homemade AI Startles Silicon Valley
DeepSeek, a Chinese artificial-intelligence company, has Silicon Valley marveling over how its programmers nearly matched ...
6d
Nvidia CEO chooses China over Trump’s inauguration: Visits his employees in Beijing and thanks them for loyalty
Nvidia CEO Jensen Huang recently visited China to celebrate Chinese New Year with employees and reaffirm the company’s ...
1h
Nvidia, Palantir and other AI-darlings lead early declines
Early premarket action shows hefty falls for many AI-linked stocks. Shares of AI chipmaker Nvidia, the market's biggest company by valuation, are plunging nearly 9% on fears sales will in future be ...
Investor's Business Daily on MSN
9h
Dow Jones Futures Fall As DeepSeek Threatens Nvidia; Meta, Tesla, Microsoft Earnings Due
Dow Jones futures fell Sunday night, along with S&P 500 futures and especially Nasdaq futures, amid concerns over AI progress ...
Hosted on MSN
5d
Huawei Seeks to Dethrone Nvidia’s AI Rule in China with Chip Advancements
Huawei wants to dethrone Nvidia in China as it plans for new AI chips to challenge the latter’s dominance in that space.
Digi Times
5d
Jensen Huang's low-key China visit: Nvidia's strategic maneuver through US-Sino tensions
Nvidia CEO Jensen Huang's recent low-profile visit to China has reaffirmed the company's strategic focus on this crucial ...
3d
How China can keep pace in the global AI race
In 2023, smartphones-to-silicon conglomerate Huawei quietly released its flagship Mate 60 Pro handset. The launch, while ...
4d
on MSN
Could Nvidia Unseat Apple as the Largest Company in the World in 2025?
Nvidia (NASDAQ: NVDA) and Apple (NASDAQ: AAPL) are the two largest companies in the world by market capitalization. While ...
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