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DeepSeek, AI and tech stocks
What is DeepSeek, the Chinese AI startup shaking up tech stocks and spooking investors?
Chinese tech startup DeepSeek released a model of its AI service that seemingly is on-par with U.S.-based competitors like ChatGPT, but required far-less computing power.
Chinese AI DeepSeek’s rout of tech stocks may benefit mortgage rates
The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and shaving nearly $590 billion from the company’s market cap.
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,
Microsoft, Meta CEOs Defend Hefty AI Spending
Tech stocks mixed as Meta, Microsoft affirm big AI spending plans after DeepSeek turmoil
Key tech stocks were a mixed bag in early trading Thursday after executives at Meta and Microsoft said they plan to keep pouring billions of dollars into AI – despite lingering anxiety over the
Microsoft, Meta CEOs Defend Hefty AI Spending After DeepSeek Stuns Tech World
Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field.
Microsoft and Meta defend massive AI investments amid rising competition from DeepSeek
Chinese startup DeepSeek claims to offer competitive AI models at lower costs, raising doubts about U.S. tech giants' investments in AI. Microsoft and Meta defend their significant spending, highlighting its importance for long-term strategic advantage amidst increasing demand for AI solutions.
7h
on MSN
1 Artificial Intelligence (AI) Stock That Could Be a Once-in-a-Decade Opportunity
The transformative power of artificial intelligence (AI) is undeniable. A recent McKinsey & Company research report estimates ...
7h
Got $5,000? 3 Tech Stocks to Buy and Hold for the Long Term.
Earlier this week, many technology stocks sold off sharply on news of DeepSeek R1, the groundbreaking, low-cost AI model from ...
2d
on MSN
Tech stocks tank as a Chinese competitor threatens to upend the AI frenzy; Nvidia sinks nearly 17%
Wall Street’s superstars tumbled as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve ...
7h
on MSN
Should You Forget Nvidia and Buy This Artificial Intelligence (AI) Stock Instead?
When OpenAI released ChatGPT in 2022, companies started spending billions on GPUs to train AI models. Nvidia led the market ...
3h
on MSN
Lam Research Stock Jumps After Earnings. AI Investors Just Got Another Reassurance.
The semiconductor equipment maker posted earnings of 91 cents a share on revenue of $4.38 billion for the quarter, beating ...
3d
on MSN
Apple Outperforms, Gains 2% As AI Fears Hit Tech Stocks
Tech stocks tumbled as Chinese AI startup DeepSeek's advances raised fears of intensified competition, shaking investor ...
2h
on MSN
US stocks boosted at open by earnings and signs AI spending's intact. Nvidia dips, though.
Wall Street opens up on relief Meta and Microsoft kept their AI spending plans even as their earnings come in mixed. Next up, Apple after the close.
1d
AI stock shock could spark broader gains in US market
A development in the field of artificial intelligence that staggered asset prices could help set the stage for broader stock ...
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