Shares of semiconductor makers were dropping early Monday as a Chinese AI model triggered questions over their lofty valuations.
Tech stocks tumbled as Chinese AI startup DeepSeek's advances raised fears of intensified competition, shaking investor confidence. Follow Newsweek's live blog.
Since the start of 2023, Nvidia's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. While this is common investor thinking, it's caused many (including myself) to miss a large chunk of Nvidia's rise.
Investors dumped the high-flying growth stock at the open and were continuing to do so as the morning session progressed in New York.
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 13% in the morning session as stocks heavily tied to the AI market took a hit after Chinese artificial intelligence startup DeepSeek released a new large language model (DeepSeek-R1) that ranks competitively on key global benchmarks (coding competitions,
Energy concerns, diversification and industries ripe for AI disruption are at the core of Lip-Bu Tan's investment strategy.
Nvidia is dropping more than 8% in pre-market as news of China's DeepSeek model performance trend in the media. Check out what investors need to know.
Most troubling to investors is the fact that its creators say that DeepSeek cost just a fraction of what OpenAI, Alphabet (GOOGL) and others have spent on developing and training models. The price tag circulating for DeepSeek is $5.
A slew of artificial intelligence stocks, including chip maker Nvidia, are tumbling in intraday trading Monday after Chinese startup DeepSeek released a cutting-edge AI model that runs on less-advanced chips and at a lower cost than U.
Despite its 171% gain last year, investors can still get their hands on Nvidia stock at a reasonable valuation -- about 30 times fiscal 2026 earnings estimates. Analysts are projecting a 51% increase in Nvidia's earnings next year to $4.45 per share, but the company may be able to beat that number based on TSMC's sunny outlook and capex spending.
Stocks of major Dutch semiconductor companies plummeted on Monday following the launch of DeepSeek, a Chinese AI chatbot developed for a fraction of the cost of its Western counterparts. The chatbot,