Nvidia, Microsoft, and Alphabet were among the market's top losers on Monday as the rise of DeepSeek rattled investors.
The tech-heavy Nasdaq index lost nearly 2.7 percent in early trading, with chipmaker Nvidia down nearly 12 percent.
SINGAPORE >> Nasdaq futures slumped and technology shares slid in Japan on Monday as the surging popularity of a Chinese discount artificial intelligence model wobbled investors’ faith in the ...
DeepSeek offers the prospect of a viable, cheaper AI alternative, raising questions on the heavy spending by US companies ...
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.
The category benefited from a brewing AI arms race that has contractors moving quickly to adopt the technology.
Chip giant Nvidia ( NVDA) was more than 11% lower in the first hour of US trading. Industry peer ASML ( ASML) lost 8%, while Arm ( ARM ), Broadcom ( AVGO ), and Micron Technology ( MU) also got ...
Donald Trump’s return to the White House in 2025 has ushered in a new era for US telecoms and technology policy. His administration has wasted no time in making major changes, with key moves including ...