DeepSeek’s $1 trillion stock market crash: Nvidia, TSMC, and Broadcom recover some losses after AI shock
U.S.-listed shares of tech giants are gaining some lost ground this morning after a China-based startup shocked the AI world with a powerful LLM. Yesterday, shockwaves rippled across the American tech industry after news spread over the weekend about a powerful new large language model (LLM) from China called DeepSeek.
Why Nvidia, Broadcom, Microsoft, and Other Artificial Intelligence (AI) Stocks Crashed Monday Morning
Nvidia is the gold standard and leading provider of the graphics processing units (GPUs) used to train and run AI systems. The company is believed to control as much as 98% of the data center GPU market, according to semiconductor analyst firm TechInsights. If AI models can be trained on lower-cost, inferior chips, Nvidia has a lot to lose.
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OpenAI teams up with SoftBank and Oracle on $500B data center project
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
What is DeepSeek, and why is it causing Nvidia and other stocks to slump?
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
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Nvidia, Broadcom Stocks Tumble Pre-Market As DeepSeek’s Arrival Sparks Fears Of AI Bubble Burst: Retail Turns Extremely Bearish
Taiwan Semiconductor Manufacturing Co. (TSM), Broadcom Inc. (AVGO), and other semiconductor companies fell in pre-market trade on Monday as Chinese AI startup DeepSeek’s open-source model threatened the hegemony of industry leader OpenAI.
Nvidia, Broadcom Among Tech Stocks to Sink on DeepSeek Threat
A slew of stocks, including chip maker Nvidia, fell Monday after Chinese startup DeepSeek released an AI model that runs on less-advanced chips and at a lower cost than U.S. rivals.
Who Will Benefit From Trump's $500 Billion AI Infrastructure Plan?
Discover how the $500 billion AI infrastructure initiative by OpenAI, SoftBank, Oracle, and MGX is creating investment opportunities in multiple sectors.
US navy bans Chinese AI app DeepSeek; sends this email to its members
DeepSeek, the Chinese AI app, has overtaken OpenAI’s ChatGPT on the app store, drawing the US Navy's attention due to security concerns. The Navy has
DeepSeek Rattles Tech Stocks: Chinese Startup’s Rise Against OpenAI Challenges U.S. AI Lead
Chinese startup DeepSeek’s app has climbed to the top of the iPhone charts as its newest AI assistant showed competitive performance against rivals like OpenAI and Meta.
DeepSeek Unlocks Golden Opportunity For IT Infrastructure Providers
DeepSeek removes cost barriers to AI training, opening the door to much broader adoption and competition in the IT infrastructure market.
DeepSeek Panic Live Updates: Nvidia Stock Pulls Back Again With 5% Drop
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a record it set in July.
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OpenAI Declares Its Hardware Independence (Sort Of) With Stargate Project
The dependency dance between AI pioneer OpenAI and the Microsoft Azure cloud and the application software divisions of its parent company are fascinating