US stocks, Nvidia recover slightly after China's DeepSeek AI brought steep losses
U.S. stocks recovered some ground on Tuesday after getting hammered by fears over China's DeepSeek AI model built on a shoestring budget.
Tech stocks fall as China's DeepSeek sparks U.S. worries about the AI race
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.
China's DeepSeek prompts global selloff in AI-linked stocks
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Investors sold off a host of technology stocks from Tokyo to New York on Monday as they worried that the emergence of a low-cost Chinese artificial intelligence model would threaten the dominance of current AI leaders such as Nvidia.
Trump calls China’s DeepSeek AI app a ‘wake-up call’ after tech stocks slide
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker Nvidia shed $589 billion in market capitalization.
Asia Tech Stocks Slump After DeepSeek’s Rise Triggers U.S. Chip Selloff
Technology stocks fell sharply in Asia after the emergence of Chinese artificial-intelligence startup DeepSeek triggered a selloff in AI-related stocks overnight and cast uncertainty over the rising demand for data centers.
Transcript: China’s DeepSeek AI triggers tech sell-off
US tech stocks took a nosedive after a Chinese AI company stunned the industry. Plus, Starbucks wants to brew up more business, so now you got to pay to be there. I’m Sonja Hutson, and here’s the news you need to start your day.
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