Tech stocks crash, NVIDIA tumbles on China AI threat

Stock Market Today: Tech stocks crash, Nvidia tumbles on China AI threat
The Nasdaq could face market-cap losses of nearly $1 trillion if premarket declines hold into the close of trading.
Global Tech Stocks Plunge as China’s DeepSeek Undercuts Rivals
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Stock Market Today: Nvidia Stock Sinks in AI Rout Sparked by China's DeepSeek
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Nvidia tumbles and tech stocks slide premarket as China's DeepSeek spooks AI investors
DeepSeek topped the Apple AppStore chart and sparked fears the Chinese company is quickly catching up with OpenAI's ChatGPT while costing far less.
China's ChatGPT moment: Tech stocks fall as U.S. lead in AI race may be at risk
Tech stocks slide as Chinese AI startup DeepSeek triggers fears of China overtaking the U.S. in the AI race. Read more.
Nvidia Stock May Fall As DeepSeek’s ‘Amazing’ AI Model Disrupts OpenAI
Barrett Woodside, co-founder of the San Francisco AI hardware company Positron, said he and his colleagues have been abuzz about DeepSeek.
Tech stocks fall sharply as China’s DeepSeek sows doubts about AI spending
Some Chinese tech stocks advanced today amid the excitement over DeepSeek, although the wider CSI 300 index closed down 0.4 per cent. In Hong Kong Baidu closed 4 per cent up and Alibaba was up 3 per cent. “Tech is up today and the overall sentiment is quite positive in China”, said Wei Li, Head of multi-asset Investments for China at BNP Paribas.
Tech stocks plunge as China ‘delivers AI wake-up call’
Venture capitalist Marc Andreessen, a close advisor to Trump, described it as “AI’s Sputnik moment” - a reference to the Soviet satellite launch that sparked the Cold War space race. Scale AI’s Wang wrote on X that DeepSeek “is a wake up call for America”.
China's DeepSeek sparks AI market rout
Technology shares around the world slid on Monday as a surge in popularity of a Chinese discount artificial intelligence model shook investors' faith in the AI sector's voracious demand for high-tech chips.
Nvidia shares fall after China's DeepSeek AI release triggers tech stock selloff
DeepSeek, founded by quant fund chief Liang Wenfeng released its latest AI model just last week and is now seen as a competitor to OpenAI and Meta Platforms Inc
China’s Homemade AI Startles Silicon Valley
DeepSeek, a Chinese artificial-intelligence company, has Silicon Valley marveling over how its programmers nearly matched ...
Nvidia CEO Jensen Huang will skip joining fellow tech moguls for Trump’s inauguration
Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend ...
How China can keep pace in the global AI race
In 2023, smartphones-to-silicon conglomerate Huawei quietly released its flagship Mate 60 Pro handset. The launch, while ...
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DeepSeek’s Cost-effective AI Model Casts Doubts on High Valuations of Companies Like Nvidia
DeepSeek’s AI model, which runs on less advanced chips, challenges the high valuations of companies like Nvidia. DeepSeek’s ...
China AI hopeful DeepSeek rocks Wall Street’s magnificent seven
Investors say the latest AI model released by China’s equivalent to OpenAI has the potential to disrupt the United States’ ...
China’s DeepSeek Tops iPhone Downloads and Spurs Asia Stocks
Chinese startup DeepSeek’s eponymous AI assistant rocketed to the top of Apple Inc.’s iPhone download charts, stirring doubts ...
Nvidia RTX 5080 spotted on Geekbench and Blender: slower than the RTX 4090?
In the Vulkan test, it scored 261,836 points. This is about 22% better than the RTX 4080. Not bad, right? But in OpenCL it ...
China’s AI industry is taking on the US tech giants
Chinese start-up DeepSeek is as powerful as ChatGPT and purportedly uses much less computing power. Will this competition ...