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.
How DeepSeek’s AI Model Impacts AVGO Stock?
Broadcom’s business relies heavily on their networking products, which are crucial for data transfer in AI systems. If the market for premium AI chips experiences a downturn, amid the rise of DeepSeek, it could create a domino effect, potentially hurting sales of Broadcom’s supporting technologies and components.
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and ...
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Asian stocks advanced Wednesday in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as ...
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
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Jan. 27, 6:30 p.m. EST President Donald Trump said at a House Republican retreat that the launch of the AI model was “a ...
Nvidia climbed 8.8%, with the rally gaining steam throughout the day and closing near session highs. The stock at one point ...
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Wall Street’s superstars tumbled as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve ...
DeepSeek founder is now considered an 'AI hero' in China, following the recent announcements made by the company that changed ...
In this video, Chloe swaps out starchy potatoes for fresh and light cabbages with this cheesy recipe for loaded cabbage ...
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