Nvidia plunges 18% and tech stocks slide as China's DeepSeek spooks investors
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.
CNBC Daily Open: Nvidia plunges as DeepSeek triggers questions on its value
DeepSeek's claims that it cost mere millions to build fanned fears that the huge investments into AI by U.S. firms are unwarranted and a bubble waiting to pop.
China’s DeepSeek challenges Nvidia and US tech leaders with cheaper AI, sparking market turbulence
Asian markets show mixed performance as Wall Street’s tech stocks fall amid concerns over Chinese AI competitor DeepSeek.
Nvidia loses nearly US$600 billion in value as Chinese AI firm DeepSeek jolts tech shares
Nvidia's US$589 billion loss in stock market value is the deepest one-day loss for a company on Wall Street, according to LSEG data. It was more than double the previous one-day record loss, set by Nvidia last September. The tech-rich Nasdaq index finished down more than 3 per cent.
US tech stocks steady as Nvidia shares pick up after DeepSeek shock
Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley.
Nasdaq: Nvidia Plunge Sends Shockwaves Through Tech Sector, Bitcoin and Crypto Markets
Nasdaq tumbles as Nvidia leads tech selloff. DeepSeek’s low-cost AI shakes US dominance, impacting Bitcoin, cryptos, and chip stocks. Click for analysis.
Wall Street reacts to China's Deepseek, Nvidia loses about $400b
Major AI players, including Nvidia, Meta, Microsoft, and Alphabet, saw significant losses, with Nvidia shedding over 11% and losing $400 billion in market value. Analysts highlighted China’s growing challenge to US tech dominance.
Nvidia loses nearly $600 billion in value as 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.
Nasdaq 100: Nvidia and Microsoft Lead Tech Sell-Off After DeepSeek’s Breakthrough
Nvidia drops 12% as DeepSeek’s AI model challenges tech giants’ investments. Nasdaq 100 futures slide 3.5%; traders brace for Big Tech earnings.
Chip stocks set for recovery after DeepSeek shock; Nvidia drops
Chip stocks in the U.S. and Europe rose on Wednesday for a second straight day, recovering from a punishing selloff triggered by China's low-cost DeepSeek artificial intelligence tool at the start of the week.
Global chipmakers rebound after Nvidia shares rally
The recovery came after US chipmaker Nvidia closed up 9 per cent on Tuesday, recouping some of the heavy losses that wiped ...
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Tokyo Electron Limited (TOELY)
The Nikkei's three biggest supports were in the semiconductor sphere, led by chipmaking-equipment giant Tokyo Electron, as they tracked a record rally in U.S. peer Nvidia. However, Nissan ...
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Nvidia loses nearly $600 bn in value as Chinese AI firm jolts tech shares
US chip-maker Nvidia led a rout in tech stocks Monday after the emergence of a low-cost Chinese generative AI model that ...
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Monday’s NVIDIA is just a taste of what’s in store for US markets – “The Black Swan” author Nassim Taleb
The Black Swan author Nassim Taleb warns AI stocks investors of future setbacks. He pointed to Monday’s brutal selloff in Nvidia Corp., asserting that the ...
Stock market today: Nvidia and other tech stocks stabilize a day after sharp drops
Nvidia and other U.S. tech stocks are steadying a day after tumbling on doubts about whether the artificial-intelligence ...
Nikkei snaps three-day decline; tech earnings, Fed in focus
Japan's Nikkei snapped a three-day losing run on Wednesday, tracking Wall Street's recovery from a sell-off triggered by ...
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Asian shares mixed as tech giants tumble over Chinese AI competitor’s frenzy-sparking rise
TOKYO—Asian shares were mixed in thin Lunar New Year trading on Tuesday after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence ...
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Tech Titans Suffer $108 Billion Hit amid Chinese AI Surge
The fortunes of the world’s wealthiest took a sharp hit on Monday, with $108 billion wiped out in a tech-driven sell-off ...