The recovery came after US chipmaker Nvidia closed up 9 per cent on Tuesday, recouping some of the heavy losses that wiped ...
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT ...
Nvidia's market value dropped more than $500bn after the emergence of DeepSeek - a low-cost chatbot built by a Chinese AI ...
DeepSeek's claims that it cost mere millions to build fanned fears that the huge investments into AI by U.S. firms are ...
Nvidia's US$589 billion loss in stock market value is the deepest one-day loss for a company on Wall Street, according to ...
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 slumped ...
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.
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 ...
Nvidia drops 12% as DeepSeek’s AI model challenges tech giants’ investments. Nasdaq 100 futures slide 3.5%; traders brace for ...
TOKYO (AP) — Asian shares were mixed in thin Lunar New Year trading on Tuesday after Wall Street’s tech superstars tumbled as ...
Shares in Nvidia, whose semiconductors power the AI industry, fell nearly 17 percent on Wall Street, erasing nearly $600 ...
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