Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China's DeepSeek spooked Wall Street, with bets against Nvidia yielding record profits totaling more than $6 billion.
Nvidia called DeepSeek's R1 model "an excellent AI advancement," despite the Chinese startup's emergence causing the chip ...
American AI stocks got sucker punched after China's DeepSeek app reportedly showed advancements against rivals sending ...
DeepSeek’s AI models reportedly rival OpenAI’s for a fraction of the cost and compute.
Scrapping export restrictions on top-of-the-line GPU chips because of DeepSeek's s AI success would hand China a major win, ...
U.S. stocks recovered some ground on Tuesday after getting hammered by fears over China's DeepSeek AI model built on a ...
Shares in AI-focused American tech giants, including Nvidia and Microsoft, fell on Monday after a China LLM shocked Silicon ...
B AI model on its wafer-scale processor, delivering 57x faster speeds than GPU solutions and challenging Nvidia's AI chip dominance with U.S.-based inference processing.
While AI stocks may rebound from their DeepSeek-induced market sell-off, the U.S. clearly faces a threat from China in ...
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT ...
Top of the line GPUs. DeepSeek has said it has access to 10,000 of Nvidia’s older generation A100 GPUs—chips that were ...
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