Nvidia, US tech stocks hit by Chinese AI app DeepSeek, ASX closes …

2 days ago · The local share market failed to hang on to mid-session gains, closing in the red. It followed a technology rout on Wall Street, fuelled by the rapid rise of Chinese AI start up …

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DeepSeek: A Shocking Chinese AI Advancement Is Sending US …

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2 days ago · US stocks dropped sharply Monday — and chipmaker Nvidia lost nearly $600 billion in market value — after a surprise advancement from a Chinese artificial intelligence …

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DeepSeek: Tech Firm Suffers Biggest Drop In US Stock Market …

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2 days ago · Chipmaker Nvidia saw almost $600bn wiped off its market value - the biggest drop in US stock market history - as a low-cost AI competitor from China took chunks out of several …

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Tech Stocks Fall As China's DeepSeek Sparks US Worries About The …

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2 days ago · Nvidia lost nearly $600 billion in market value Monday as tech stocks plunged amid fears that Chinese artificial intelligence firm DeepSeek leapfrogged U.S. dominance in AI …

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Nvidia Loses Nearly US$600b In Value As Chinese AI Firm DeepSeek …

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2 days ago · NEW YORK: US chipmaker Nvidia led a rout in tech stocks on Monday (Jan 27) after the emergence of a low-cost Chinese generative AI model that could threaten American …

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Nvidia Sheds $600 Billion In Market Cap As Chinese AI Startup …

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2 days ago · The surprise success of a Chinese AI startup is hammering U.S. tech stocks. That includes Nvidia, the California chip behemoth that has added nearly $3 trillion in market …

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Nvidia Loses $589B In Market Cap As Tech Stocks Fall Amid …

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2 days ago · Several tech stocks, including Nvidia (NVDA), fell as Chinese startup DeepSeek unveiled its AI model which gave its American counterparts a run for their money.

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Stock Market News For Jan. 27, 2025: DeepSeek, NVDA Spark Sell …

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Jan 21, 2025 · Nvidia shares dropped 11% to lead a major tech sell-off after Chinese startup DeepSeek raised concerns over the U.S.' competitiveness in AI. Fellow chipmakers Micron …

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Is DeepSeek A Threat To Your ASX Tech Stocks? Here's What You …

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2 days ago · Chinese artificial intelligence company DeepSeek single-handedly wiped over US$1 trillion off the US stock market after the company claimed it had developed a rival AI assistant …

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FAQs about Nvidia, US tech stocks hit by Chinese AI app DeepSeek, ASX closes … Coupon?

Did China's $5.6mn AI Breakthrough hurt Nvidia's market value?

A Chinese company’s claim of a $5.6mn artificial intelligence breakthrough wiped almost $600bn from Nvidia’s market value on Monday, shattering Wall Street’s confidence that tech companies’ AI spending spree will continue and dealing an apparent blow to US tech leadership. ...

Does deepseek's AI assistant have a market value?

DeepSeek's AI Assistant currently tops demand on Apple's App Store. Pic: AP Chipmaker Nvidia saw almost $600bn wiped off its market value - the biggest drop in US stock market history - as a low-cost AI competitor from China took chunks out of several tech firms. ...

What happened to Nvidia & deepseek?

It followed a technology rout on Wall Street, fuelled by the rapid rise of Chinese AI start up DeepSeek. Giant US chipmaker Nvidia has seen almost $1 trillion wiped off its value and other tech giants have been hammered in response to news. Here's how the trading day played out, with insights from our business reporters. ...

Why did deepseek cause US tech stocks to fall?

What is DeepSeek, and why did the AI startup cause US tech stocks to fall? A frenzy over an artificial intelligence (AI) chatbot made by Chinese tech startup DeepSeek has up-ended US stock markets and fuelled a debate over the economic and geopolitical competition between the US and China. ...

Is China's deepseek a threat to the US stock market?

Beyond the single-day moves in the tech space, the emergence of China's DeepSeek startup is challenging the very foundation of the record-setting stock market. The sell-off has ensnared megacap giants such as Nvidia and Microsoft, which are heavily weighted in US indexes. Any weakness in them makes the overall market more fragile. ...

Why did Nvidia stock fall 15% Monday morning?

Shares of Jensen Huang’s Nvidia fell 15% Monday morning as the success of Chinese startup DeepSeek undermined America’s perceived dominance in emerging AI technology. ·Fortune·Artur Widak—NurPhoto/Getty Images The surprise success of a Chinese AI startup is hammering U.S. tech stocks. ...