Nasdaq drops 3% as China's DeepSeek AI model hits tech shares
Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff in U.S. chipmakers.
China's DeepSeek AI sows doubts about US tech edge. Nasdaq, S&P 500 slide but Dow edges up
Nvidia shares closed down almost 17%, posting its biggest drop since March 2020 and erasing nearly $600 billion from the company's market cap. Broadcom fell 17.4%, and other chip stocks like Micron declined 11.
China's DeepSeek derails Nasdaq, Nvidia, AI darlings
American AI stocks got sucker punched after China's DeepSeek app reportedly showed advancements against rivals sending investors into sell mode, shaving 3% off the Nasdaq.
Nasdaq drops 3% as China's AI push rattles Big Tech
The S&P 500 and the Nasdaq hit over one-week lows on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model knocked shares of chipmaker Nvidia and other companies benefiting from investments into the technology.
How DeepSeek Has Blown Open AI Race Between US and China
The sudden success of the Chinese AI startup took the tech world by surprise. Newsweek explores the impact on the U.S.'s lead in the industry
How China's DeepSeek Came for Big AI
As US companies pour billions of dollars into advancing artificial intelligence, a little-known Chinese startup has seemingly done the impossible. DeepSeek unveiled a chatbot app that performs as well if not better than those of Silicon Valley giants,
Nasdaq, S&P tumble as China's DeepSeek AI model rattles Big Tech
The S&P 500 and the Nasdaq dropped on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model knocked shares of chipmaker Nvidia and other companies benefiting from investments into the technology.
China's DeepSeek AI disrupts U.S. tech just as NASDAQ 100 turns 40
Nasdaq president Nelson Griggs and Strategas head of ETFs Todd Sohn sit down with CNBC's Bob Pisani on "ETF Edge" to discuss how big tech reacted to China's DeepSeek AI as the Nasdaq 100 index celebrates its 40th anniversary.
Nasdaq, S&P 500 drop as China's DeepSeek AI model hits tech shares
The S&P 500 and the Nasdaq fell sharply on Monday, led by Nvidia and other chipmakers as popularity of a low-cost Chinese ...
As China Tightens Rare Earth Exports, These 3 Stocks Are in Focus
Based out of Canada, Neo Performance Materials Inc. (OTCMKTS: NOPMF) is a rare earths producer operating in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. Neo Performance is not a ...