According to a paper authored by the lab, the DeepSeek-R1 model outperforms cutting-edge models such as OpenAI’s o1 and Meta’s Llama AI models across multiple benchmarks.

After plunging 17% on Monday, Nvidia climbed almost 9% as investors rushed in to buy this historic dip in shares of the top chip maker.

Nvidia stock (NVDA) rose modestly early Tuesday. That put the shares on course to recoup a little bit of the ground lost in the previous session's 17% crash, which was fueled by concerns about China's DeepSeek.

Nvidia’s stock is off to a positive start after a wild Monday. Shares of the chipmaking giant were recently up about 2%, easily outpacing the slight rise in the S&P 500. The first hours of Tuesday’s session followed a start to the week that marked Nvidia’s (NVDA) worst day in years,

Nvidia shares shed nearly $600 billion in market value Monday, marking the largest single-day loss in market history.