Stocks Give Up Gains As Tariffs Loom—Nvidia’s DeepSeek Selloff Balloons Back To $500 Billion
Leading the swing were Apple and Nvidia, both Silicon Valley giants with significant dealings in China, as shares of Apple went from as much as a 4% morning gain to a 2% daily loss by late afternoon, and Nvidia stock turned what was as much as a 3% gain to a 3% daily drop.
That might be a bigger problem for investors. The AI app was created for a few million dollars, billions less than U.S.
DeepSeek Launch, Intel’s Price Cuts The unveiling of China’s new resource-light AI model, DeepSeek, roiled the U.S. big ...
The messaging was rolled out on platforms such as X and META.O Facebook and Instagram, as well as Chinese services Toutiao ...
The developer of the chatbox that shocked U.S. incumbents had access to Nvidia chips that its parent company providentially ...
Some AI researchers hailed DeepSeek’s R1 as a breakthrough on the same level as DeepMind’s AlphaZero, a 2017 model that ...
Shares of Apple charged higher on Monday, bucking the trend as its large-cap tech peers tumbled on concerns about ...
A Chinese company’s cut-rate computing solution has upended the tech world, with companies, investors and even the U.S.
DeepSeek is an artificial intelligence (AI) research lab based in China. It was spun out of the country's most successful hedge fund, High-Flyer, in 2023. The fund had been using AI for years to ...
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