Nvidia shares plunged 17% on Monday, resulting in a market cap loss of close to $600 billion, the biggest drop ever for a U.S ...
Investors are worried about the rapid success of China's DeepSeek. It has developed low-cost AI models that don't require the ...
US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended ...
DeepSeek was created by a top Chinese quantitative trading firm. It’s not unusual for Wall Street quant luminaries to try ...
In what marks the largest single-day drop in stock market history, Nvidia's valuation has been hit by China's answer to ChatGPT.
A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.
It might be a tough message to take on board on the day Nvidia Corp. shed over $600 billion in market cap, but DeepSeek's ...
DeepSeek said it spent only $5.6 million developing its model—peanuts when compared with the billions U.S. tech giants have ...