Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the ...
Nvidia faces a reckoning as Chinese upstart raises questions about Wall Street’s darling
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 ...
Nvidia shares sink as Chinese AI app spooks markets
US tech giant Nvidia lost over a sixth of its value after the surging popularity of a Chinese artificial intelligence (AI) ...
Chinese AI Enters the Chat
A Chinese artificial intelligence company released its model, R1, about a week and a half ago, sending American chipmaker ...
DeepSeek sparks AI stock selloff; Nvidia posts record market-cap loss
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
Nvidia Supplier Advantest Lifts Outlook on Continued AI Spending
Advantest Corp. raised its annual forecast above analyst estimates on strong demand for chip testers, a move that may allay ...
Chinese startup DeepSeek has shaken up the AI world. What we know
DeepSeek, a Hangzhou-based startup founded in 2023, shot to the top of Apple’s App Store free app chart after releasing a new ...
Chinese AI DeepSeek’s rout of tech stocks may benefit mortgage rates
The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and ...
Nvidia loses nearly $600B in value following rise of Chinese AI app
U.S. stocks dropped sharply Monday - and chipmaker Nvidia lost nearly $600 billion in market value - after a surprise ...
DeepSeek’s Rise Exposes Nvidia’s Weakness
A new Chinese AI model threatens to diminish the need for Nvidia’s most-expensive chips, but some say the concerns are ...