Nasdaq drops 3% as China's DeepSeek AI model hits tech shares
3 days ago · Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff in U.S. chipmakers.
DeepSeek: A shocking Chinese AI advancement is sending US …
3 days ago · The tech-heavy Nasdaq plunged by 3.1% and the broader S&P 500 fell 1.5%. The Dow, boosted by health care and consumer companies that could be hurt by AI, was up 289 points, or about 0.7% higher.
Tech stocks fall as China's DeepSeek sparks U.S. worries about the AI …
2 days ago · Nvidia lost nearly $600 billion in market value Monday as tech stocks plunged amid fears that Chinese artificial intelligence firm DeepSeek leapfrogged U.S. dominance in AI development. The Nasdaq ...
DeepSeek AI sinks Nasdaq, S&P 500. Dow benefits on flee to safety
2 days ago · The tech-heavy Nasdaq and broad S&P 500 indexes slumped on Monday after a competitive artificial intelligence model from a Chinese startup sowed doubts about the U.S.'s approach to AI. Losses were ...
Nasdaq, S&P 500 fall; China's DeepSeek AI model hits tech shares
3 days ago · NEW YORK (Reuters) -The S&P 500 and the Nasdaq ended sharply lower on Monday as Nvidia and other chipmakers sold off after surging popularity of a low-cost Chinese artificial intelligence model ...
What is DeepSeek, and why is it causing Nvidia and other stocks to ...
2 days ago · AI stocks plunge as China's DeepSeek sends shock wave through Wall Street 03:08. ... The tech-heavy Nasdaq index slumped 3%, or 612 points, while the S&P 500 declined 1.5%. The blue-chip Dow Jones ...
China's DeepSeek derails Nasdaq, Nvidia, AI darlings
2 days ago · American AI stocks got sucker punched after China's DeepSeek app reportedly showed advancements against rivals sending investors into sell mode, shaving 3% off the Nasdaq.
How the buzz around Chinese AI model DeepSeek sparked a massive Nasdaq ...
2 days ago · DeepSeek's emergence is shaking up investor confidence of the AI story that has been lifting the U.S. bull market in the past two years.
A Chinese A.I. Company Rattled the Tech World - The New York …
2 days ago · The S&P 500 fell 1.5 percent, the Nasdaq dropped 3 percent and Nvidia, the chipmaker hailed as an A.I. sensation, dropped about 17 percent and lost roughly $600 billion in market value.
Nvidia loses $500 bn in value as Chinese AI firm jolts tech shares
2 days ago · The Nasdaq fell 2.7% as a Chinese AI start-up, DeepSeek, emerged as a significant competitor to US tech giants, impacting companies like Nvidia, which lost over $400 billion in market value. DeepSeek's AI model, developed for just $5.6 million, challenges US tech dominance by offering comparable capabilities at a lower cost.