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.
The shocking success of a new model from a mysterious Chinese lab has America questioning its leadership of the sector.
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A Chinese artificial intelligence company released its model, R1, about a week and a half ago, sending American chipmaker ...
Advantest Corp. raised its annual forecast above analyst estimates on strong demand for chip testers, a move that may allay ...
The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and ...
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 ...
A new Chinese AI model threatens to diminish the need for Nvidia’s most-expensive chips, but some say the concerns are ...
The release of Chinese AI startup DeepSeek's latest AI model disrupted the tech sector and caused $1 trillion in stock market ...
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