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"Overall, I view the AI tech selloff today as an opportunity to add high-quality tech shares on weakness." Still, Nvidia fell $24.20 on Monday to end at $118.42.
The claims around DeepSeek and the sudden interest in the company have sent shock waves through the U.S. tech market — causing major stock price shifts on Monday.
DeepSeek is an AI assistant which appears to ... The New York Stock Exchange and Nasdaq markets open at 2:30pm UK time. ... The reason for the heavy and immediate share price falls is that ...
DeepSeek’s newest open-source model, R1, was released last week, and it is wowing the AI industry because it reportedly has advanced capabilities for a fraction of the price ― and without ...
On Monday, DeepSeek's rollout roiled shares of AI stalwarts such as Nvidia, the high-flying manufacturer of advanced chips engineered for AI development, and Dutch company ASML, another chipmaker.
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% ...
Domestically, DeepSeek models offer performance for a low price, and have become the catalyst for China's AI model price war. [citation needed] It was dubbed the "Pinduoduo of AI", and other Chinese tech giants such as ByteDance, Tencent, Baidu, and Alibaba cut the price of their AI models. Despite its low price, it was profitable compared to ...
Nvidia’s stock dropped 17% Monday, but the company in a statement commended DeepSeek’s work as “an excellent AI advancement” that leveraged “widely-available models and compute that is ...
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