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) app spooked investors in the US and Europe. DeepSeek, a Chinese AI chatbot reportedly made at a fraction of the cost of its rivals, launched last week but has already become the most downloaded free app in the US.
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the ...
DeepSeek's new AI model has sparked concerns about Nvidia's dominance in the AI hardware market, causing a drop in the ...
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 ...
Advantest Corp. raised its annual forecast above analyst estimates on strong demand for chip testers, a move that may allay ...
13hon MSN
A Chinese artificial intelligence company released its model, R1, about a week and a half ago, sending American chipmaker ...
DeepSeek, a Hangzhou-based startup founded in 2023, shot to the top of Apple’s App Store free app chart after releasing a new ...
U.S. stocks dropped sharply Monday - and chipmaker Nvidia lost nearly $600 billion in market value - after a surprise ...
A new Chinese AI model threatens to diminish the need for Nvidia’s most-expensive chips, but some say the concerns are ...
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