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 ...
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 ...
How the buzz around Chinese AI model DeepSeek sparked a massive Nasdaq ...
2 days ago · Those chips are the processor of choice for AI firms in the U.S. such as OpenAI, and the U.S. has banned the sale of advanced AI chips to China. Nvidia shares took a 3% hit Friday as chatter about ...
DeepSeek sparks AI stock selloff; Nvidia posts record market-cap …
3 days ago · China's DeepSeek AI assistance surges in popularity; Nervous investors seek safe havens, dollar falls; ... This led the tech-heavy Nasdaq , opens new tab to fall 3.1% on Monday. Nvidia was the ...
China’s A.I. Advances Spook Big Tech Investors on Wall Street
3 days ago · On Monday, the S&P 500 index fell 1.5 percent, and the tech-heavy Nasdaq dropped 3.1 percent. Nvidia was hit hard, plunging 16.9 percent and losing roughly $600 billion in market value.
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.
AI-Fueled Stock Rally Dealt $1 Trillion Blow by Chinese Upstart
3 days ago · The Nasdaq 100 Index rose 92% from the start of 2023, adding more than $14 trillion in value and minting billions for a handful of tech executives and founders. ... AI-Fueled Stock Rally Dealt $1 ...
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.
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