DeepSeek caused a $600 billion freakout. But China’s AI upstart may not be the danger to Nvidia and U.S. export controls many assume
AI has fueled Nvidia's extraordinary rise to a $3 trillion market valuation. But on Monday, AI was the cause of a panic among ...
Nvidia Reels After China’s A.I. Breakthrough
The tech industry has had an insatiable appetite for Nvidia’s chips over the last two years. But the feast may be over sooner ...
Nvidia drops $600B off its market cap amid the rise of DeepSeek
DeepSeek's R1 model shows that AI companies don't need advanced AI chips to build good models, that's not good for companies ...
Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history
Nvidia shares plunged 17% on Monday, resulting in a market cap loss of close to $600 billion, the biggest drop ever for a U.S ...
What is DeepSeek, and why is it causing Nvidia and other stocks to slump?
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...
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DeepSeek's Open-Source AI Costs NVIDIA $600 Billion, Triggers $1 Trillion Sector Slump
Nvidia's stock dropped 16% on Monday as DeepSeek's low-cost AI model disrupted the U.S. tech sector, wiping out $1 trillion ...
DeepSeek’s AI model tests limits of US curbs on Nvidia chips
Its engineers built a breakthrough AI model despite US attempts to curtail China’s tech development. Read more at ...
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Nvidia (NVDA) Stock Trades Down, Here Is Why
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 13% in the morning session as stocks heavily tied to ...