Nvidia's market value dropped more than $500bn after the emergence of DeepSeek - a low-cost chatbot built by a Chinese AI firm.
News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence.
TOKYO: Japanese tech stocks fell sharply for a second day running on Tuesday (Jan 28) following a plunge in US tech ...
MIAMI: US President Donald Trump said on Monday (Jan 27) the low-cost Chinese AI model DeepSeek was a "wake up call" for US firms, after its emergence caused a rout in tech shares.
U.S. equity declines followed a selloff that started in Asia, with Japan's SoftBank Group finishing down 8.3%, and moved through Europe where ASML fell 7% ...
Most Asian shares dropped following a bruising session on Wall Street caused by fears the valuation of ...
Japanese tech firms sank Tuesday after a sell-off in US titans following news of China's DeepSeek chatbot, while the dollar ...
The S&P 500 dropped 1.7 per cent, and the Nasdaq 100 slipped 3.1 per cent. With big tech stocks crashing, US stocks were set ...
US chipmaker Nvidia dived 17 per cent, wiping off nearly USD 593 billion in the biggest market capitalisation loss in history ...
Chinese firm DeepSeek's artificial intelligence chatbot has soared to the top of the Apple Store's download charts, stunning industry insiders ...
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker ...