Nvidia stock dropped more than 11% as a social media panic over the potential rise of a Chinese AI model upended chip stocks and the broader AI investment thesis early Monday.
Nvidia, Microsoft, and Alphabet were among the market's top losers on Monday as the rise of DeepSeek rattled investors.
DeepSeek offers the prospect of a viable, cheaper AI alternative, raising questions on the heavy spending by US companies ...
Technology stocks plummeted as the launch of DeepSeek's low-cost AI model cast doubts on the dominance of U.S. companies. The ...
Billion Wiped Out Amid China’s AI Shakeup NVIDIA Corporation, the global leader in GPUs, witnessed a staggering $384 billion ...
Oracle, driven by AI and cloud, projects a 15% stock price CAGR potential over five years, and a fair valuation amid a ...
Chinese AI chatbot DeepSeek has displaced OpenAI’s ChatGPT as the most downloaded app on the Apple App store and the market ...
Investors hammered technology stocks on Monday, sending the likes of Nvidia (NVDA.O) and Oracle (ORCL.N) plummeting, as the ...
Earlier this week, the US government unveiled plans to spend up to $500 billion on AI infrastructure under a project ...
NVIDIA shares dropped 12% in pre-market trading as the world was captivated by AI models from the Chinese startup DeepSeek.
Marc Andreessen, the Silicon Valley venture capitalist, said in a post on X on Sunday that DeepSeek's R1 model was AI's ...
Technology stocks sank on Monday, with companies like Nvidia and Oracle plummeting, as the emergence of a low-cost Chinese ...