Broadcom’s business relies heavily on their networking products, which are crucial for data transfer in AI systems. If the market for premium AI chips experiences a downturn, amid the rise of DeepSeek, it could create a domino effect, potentially hurting sales of Broadcom’s supporting technologies and components.

It’s impossible to look at the Chinese artificial intelligence startup DeepSeek’s new AI model without comparing it against OpenAI, the dominant American rival.DeepSeek has touted its latest AI model,

Key Takeaways Alibaba rolled out a new AI model it says can outperform models from DeepSeek, OpenAI, and Meta Platforms.The Chinese tech giant's U.S.-listed shares climbed in early trading Wednesday following the release.