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Tech stocks crash, NVIDIA tumbles on China AI threat
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.
Nvidia sinks as Chinese AI startup Deepseek spooks global markets
Shares of Nvidia tumbled on Monday as Chinese artificial intelligence (AI) startup DeepSeek disrupted global markets.
China's DeepSeek sets off AI market rout
Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial intelligence model wobbled investors' faith in the profitability of AI and the sector's voracious demand for high-tech chips.
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”.
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.
22m
on MSN
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.
19h
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 ...
2h
China’s Homemade AI Startles Silicon Valley
DeepSeek, a Chinese artificial-intelligence company, has Silicon Valley marveling over how its programmers nearly matched ...
9d
on MSN
Nvidia CEO Jensen Huang will skip joining fellow tech moguls for Trump’s inauguration
Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend ...
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 ...
Hosted on MSN
1h
DeepSeek’s Cost-effective AI Model Casts Doubts on High Valuations of Companies Like Nvidia
DeepSeek’s AI model, which runs on less advanced chips, challenges the high valuations of companies like Nvidia. DeepSeek’s ...
2h
China AI hopeful DeepSeek rocks Wall Street’s magnificent seven
Investors say the latest AI model released by China’s equivalent to OpenAI has the potential to disrupt the United States’ ...
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