Nasdaq drops 3% as China's DeepSeek AI model hits tech shares

4 days ago · Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff in U.S. chipmakers.

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Nasdaq Drops 3% As China's DeepSeek AI Model Hits Tech Shares

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4 days ago · Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff in U.S. chipmakers.

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Tech Stocks Fall As China's DeepSeek Sparks US Worries About The …

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4 days ago · Nvidia lost nearly $600 billion in market value Monday as tech stocks plunged amid fears that Chinese artificial intelligence firm DeepSeek leapfrogged U.S. dominance in AI …

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Nasdaq Drops 3% As China's DeepSeek AI Model Hits Tech Shares

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3 days ago · Nasdaq experienced its largest single-day percentage drop since December 18, mainly due to a selloff in U.S. chipmakers triggered by a low-cost Chinese AI model from …

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Nasdaq Drops 3% As China's DeepSeek AI Model Hits Tech Shares

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3 days ago · Nasdaq drops 3% as China's DeepSeek AI model hits tech shares AI leader Nvidia sank 17%, and it erased about $593 billion in stock market value, the deepest ever one-day …

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Nasdaq Drops 3% As China's DeepSeek AI Model Hits Tech Shares

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4 days ago · Optimism over AI and gains in Nvidia and other big technology-related shares helped to drive the stock market's sharp gains in 2024.

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Nasdaq Drops 3% As China's DeepSeek AI Model Hits Tech Shares

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4 days ago · Optimism over AI and gains in Nvidia and other big technology-related shares helped to drive the stock market's sharp gains in 2024. The Dow Jones Industrial Average rose …

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Nasdaq Drops 3% As China's Low-cost AI Model Sparks US Chip …

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3 days ago · On the New York stock market, the tech-heavy Nasdaq index dropped more than 3 percent on Monday, as China's low-cost artificial intelligence model sparked a sell-off in …

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Nvidia Drops Nearly 17% As China's Cheaper AI Model DeepSeek …

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4 days ago · DeepSeek launched a free, open-source large language model in late December, claiming it was developed in just two months at a cost of under $6 million.

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Nasdaq Drops 3% As China's AI Push Rattles Big Tech - MSN

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4 days ago · By Shashwat Chauhan and Sukriti Gupta (Reuters) - The S&P 500 and the Nasdaq hit over one-week lows on Monday, as the surging popularity of a low-cost Chinese artificial …

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Nasdaq Drops 3% As China's DeepSeek AI Model Hits Tech Shares

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4 days ago · NEW YORK (Reuters) -Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff …

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China's DeepSeek Fuels US Stock Market Chaos: Tech Stocks Slump, …

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4 days ago · Chinese AI startup DeepSeek has emerged as a strong competitor, causing a major sell-off in US tech stocks. Nvidia witnessed a dramatic 17.95% drop. DeepSeek’s R1 model, …

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Nasdaq Drops 3% As China's DeepSeek AI Model Hits Tech Shares

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3 days ago · Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff in U.S. chipmakers.AI …

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China’s A.I. Advances Spook Big Tech Investors On Wall Street

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4 days ago · On Monday, the S&P 500 index fell 1.5 percent, and the tech-heavy Nasdaq dropped 3.1 percent. Nvidia was hit hard, plunging 16.9 percent and losing roughly $600 billion in …

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Nasdaq Drops 3% As China’s DeepSeek AI Model Hits Tech Shares

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NEW YORK, Jan 27 (Reuters) - Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff in …

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FAQs about Nasdaq drops 3% as China's DeepSeek AI model hits tech shares Coupon?

Is deepseek causing a sell-off in US tech stocks?

Chinese AI startup DeepSeek has emerged as a strong competitor, causing a major sell-off in US tech stocks. Nvidia witnessed a dramatic 17.95% drop. DeepSeek’s R1 model, which matches US-developed AI systems at a lower cost, has raised investor concerns about the future of AI investments. ...

Why did the NASDAQ drop so much?

Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff in U.S. chipmakers. ...

How did deepseek's announcement affect international markets?

DeepSeek’s announcement also rattled international markets. Dutch semiconductor equipment maker ASML saw its shares drop 7%, while Japan’s SoftBank fell 8.3%. In the US, Constellation Energy shares plummeted nearly 20% after the company announced plans to restart a nuclear plant to power AI data centres. ...

Which Ai stalwarts did deepseek roll out?

On Monday, DeepSeek's rollout roiled shares of AI stalwarts such as Nvidia, the high-flying manufacturer of advanced chips engineered for AI development, and Dutch company ASML, another chipmaker. ...

What happened to AI stocks?

Nvidia, whose chips are the top choice for powering AI applications, dropped 11.7%, while a gauge of semiconductor stocks dropped 6.5%. Eight of the 11 S&P 500 sectors were in the red, with technology stocks leading declines with a 4.5% fall. ...

Is deepseek a good AI app?

DeepSeek gained international attention after its AI assistant app climbed to the top of Apple’s free app chart in the US over the weekend. The company claims its R1 model demonstrates advanced reasoning abilities, similar to OpenAI’s most expensive systems, but at a fraction of the cost. ...