Morgan Stanley analysts were surprised by the response to DeepSeek's launch, a development that underscores the intense competition from China's crucial AI sector. Despite dismissing the knee-jerk reaction of markets on Monday,
Hang Seng gains on China’s AI optimism, while Nikkei falters on a stronger Yen. ASX 200 surges as rate cut bets fuel banking and tech stocks.
There's no shortage of uncertainties surrounding productivity gains to be had from the AI boom. Will embracing next-generation large language models (LLMs) actually lead to an earnings boost? And when will such a boost be on the horizon?
Chipmakers and other AI-connected industries saw stocks drop Monday amid concerns over advancements by DeepSeek
The tech industry has had an insatiable appetite for Nvidia’s chips over the last two years. But the feast may be over sooner than many had expected.
U.S. stocks recovered some ground Tuesday morning after getting hammered by fears over China's DeepSeek AI model built on a shoestring budget.
US-listed shares of tech giants Nvidia, TSMC, and others are gaining some lost ground after China's DeepSeek rattled stock markets.
Investors sold technology stocks across the globe as they worried that the emergence of a low-cost Chinese artificial intelligence (AI) model would threaten the dominance of current leaders.
Billion Wiped Out Amid China’s AI Shakeup NVIDIA Corporation, the global leader in GPUs, witnessed a staggering $384 billion market cap loss in premarket trading. The steep drop came as China’s AI startup,
China's DeepSeek R1 threatens U.S. tech dominance as investors fear lower-cost AI models. $900B wiped from markets in 30 mins, some analysts remain bullish.
FADU CEO Lee Ji-hyo set his company up for success well ahead of market relevance with its controllers for solid-state drives, and is now ready to capitalize on AI boom.