There's plenty of red to be found on traders' screens today, with the S&P 500 recently off 1.7% and the more tech-focused Nasdaq Composite dropping about twice as much.
Nvidia called DeepSeek's R1 model "an excellent AI advancement," despite the Chinese startup's emergence causing the chip maker's stock price to plunge 17% on Monday. The comments come after DeepSeek
Nvidia Corp (NASDAQ:NVDA, ETR:NVD) said on Monday that the success of Chinese AI firm DeepSeek is evidence of its chips' utility in the Chinese market. The company was forced to address investor conce

What the DeepSeek Selloff Means for Nvidia

03:23pm, Monday, 27'th Jan 2025
Katam Hill LLC Founder and CIO Adam Gold discusses the DeepSeek tech selloff and its implication on Nvidia. He speaks with Scarlet Fu on "Bloomberg Markets.
The tech industry has had an insatiable appetite for Nvidia's chips over the last two years. But the feast may be over sooner than many had expected.
Well, we're entering the final hour of Monday trading now, and I'm afraid the news isn't getting much better.
DeepSeek's AI models claim to match OpenAI's performance with lower costs and less advanced chips, impacting semiconductor stocks negatively. Despite DeepSeek's claims, scaling AI applications will st
Nvidia's stock got absolutely hammered due to the news about Chinese AI startup DeepSeek. Nvidia shares tumbled as much as 18% Monday, erasing a record $560 billion in market value.
Wedbush's Dan Ives and Laffer's Nancy Tengler, join 'Power Lunch' to discuss the DeepSeek sell-off and how to play the tech sector.
China's artificial intelligence lab DeepSeek vaporized $586 billion and counting from Nvidia‘s (NASDAQ:NVDA) market capitalization in midday trading Monday.

Nvidia: DeepSeek Freakout Unwarranted

02:30pm, Monday, 27'th Jan 2025
Nvidia Corporation faces pressure due to DeepSeek's claims of cheaper AI model training, but efficient GPU usage could boost overall AI spending. DeepSeek's R1 model claims to outperform OpenAI at a f
Nvidia on Monday said Chinese AI firm DeepSeek's advances show the usefulness of its chips for the Chinese market and more of its chips will be needed in the future to meet demand for DeepSeek's servi
US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended the tech sector with its advanced new artificial intelligence model.
Despite the heavy selling action seen in A.I. giants like Nvidia (NVDA) and growing names like Broadcom (AVGO), analysts held bullish ground on the industry.
To get the latest market news check out finance.yahoo.com The Nasdaq sank on Monday to lead a stock sell-off on Wall Street as a Chinese startup rattled faith in US leadership and profitability in AI,
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