Wall Street has perceived the company to have an almost unbreachable defense against competition with its offerings of high-tech chips. The company’s rapid growth and windfall profit have helped push other technology firms and the Nasdaq Composite Index to record after record,

US experts express caution over Deepseek’s claims of lower costs, reduced chip levels, awaiting more information about possible manufacturing breakthrough

A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.