US tech stocks steady after DeepSeek AI app shock
US tech stocks were steady on Tuesday after they slumped on Monday following the sudden rise of Chinese-made artificial intelligence (AI) app DeepSeek. Shares in chip giant Nvidia rose by 8.8%, having slumped on Monday, as experts said the AI selloff may have been an over-reaction.
Chinese AI app DeepSeek could be bad for stocks but good for local startups
By some measures, Boston’s startup ecosystem has been left far behind Silicon Valley in the race to develop artificial intelligence. But the shocking emergence of Chinese AI chatbot DeepSeek could actually help Boston catch up.
Tesla shares have advanced 50% in the last three months on expectations the company will benefit from the ties between CEO ...
Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in ...
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Asian stocks have advanced in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the ...
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and ...
the chip maker saw its market value drop by $593 billion, the biggest one-day drop for any listed company on record.
US stocks dropped sharply Monday — and chipmaker Nvidia lost nearly $600 billion in market value — after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the ...
Broadcom’s business relies heavily on their networking products, which are crucial for data transfer in AI systems. If the ...
In 2024, the company, also known as TSMC, gained 90% -- essentially doubling the company's market cap from roughly $500 billion to more than $1 trillion today. Indeed, this is a steep increase in ...
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Wall Street’s superstars tumbled as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve ...
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