For much of the last two years, Nvidia has been the biggest player in town when it comes to data center processors.

A surprisingly efficient and powerful Chinese AI model has taken the technology industry by storm. It’s called Deepseek R1, and it’s rattling nerves on Wall Street.

The company’s mobile app, released in early January, has lately topped the App Store charts across major markets ... before providing responses. Wall Street’s reactions have been mixed.

NEW YORK (AP) — Wall Street’s superstars ... with U.S. giants but at potentially a fraction of the cost. DeepSeek had already hit the top of the chart for free apps on Apple’s App Store ...

Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley.

Wall Street's superstars are tumbling Monday ... a large language model that can compete with U.S. giants but at a fraction of the cost. DeepSeek's app had already hit the top of Apple's App ...

KUALA LUMPUR: Bursa Malaysia stayed on course for a recovery on Wednesday but has so far retraced only a fraction of the losses ... The rally on Wall Street overnight in its first trading day ...

Wall Street and Silicon Valley got clobbered on Monday over rising fears about DeepSeek – a Chinese artificial intelligence startup that claims to have developed an advanced model at a fraction ...

NEW YORK (AP) — Wall Street’s superstars ... can compete with U.S. giants but at a fraction of the cost. DeepSeek had already hit the top of the chart for free apps on Apple’s App Store ...

Beijing, China — Chinese firm DeepSeek’s artificial intelligence chatbot has soared to the top of the Apple Store’s download charts ... ever for one day on Wall Street.