Stocks Feeling the Heat. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against other stocks feeling the heat from the DeepSeek AI effect. Markets were in turmoil after Chinese startup DeepSeek introduced a low-cost AI model
DeepSeek, a Chinese startup, unveiled an AI platform that competes with top US models at lower costs, causing a major selloff in US tech stocks. The Nasdaq 100 index dropped significantly, raising questions about future AI investments and the dominance of US firms in the AI sector.
Wall Street has perceived the company to have an almost unbreachable defense against competition with its offerings of high-tech chips. The company’s rapid growth and windfall profit have helped push other technology firms and the Nasdaq Composite Index to record after record,
He told CNBC: "My understanding is that Deepseek has about 50,000 H100s, which they can't talk about obviously because it is against the export controls that the U.S. has put in p
US stocks were set for a steep selloff Monday morning after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura of invincibility surrounding America’s
This led the tech-heavy Nasdaq to fall 3.1% on Monday. Nvidia was the Nasdaq's biggest drag, with its shares tumbling just under 17% and marking a record one-day loss in market capitalization for a Wall Street stock,
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Global investors dumped tech stocks on Monday as they worried that the emergence of a low-cost Chinese artificial intelligence model would threaten the dominance of AI leaders like Nvidia,
We recently compiled a list of the Top 10 AI Stocks Dominating Wall Street. In this article, we are going to take a look at where ImmunoPrecise Antibodies Ltd. (NASDAQ:IPA) stands against the other AI stocks.
We recently compiled a list of the Top 10 AI Stocks Dominating Wall Street. In this article, we are going to take a look at where WeRide Inc. (NASDAQ:WRD) stands against the other AI stocks. The artificial intelligence community is raving over a new reasoning model that has surprised even Silicon Valley.
DeepSeek's emergence is shaking up investor confidence of the AI story that has been lifting the U.S. bull market in the past two years.