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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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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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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DeepSeek: A Shocking Chinese AI Advancement Is Sending US …

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4 days ago · US stocks dropped sharply Monday — and chipmaker Nvidia lost nearly $600 billion in market value — after a surprise advancement from a Chinese artificial intelligence …

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Nasdaq Sinks 3%, But TSX Largely Unscathed, As Nvidia Suffers …

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4 days ago · The S&P 500 and the Nasdaq ended sharply lower on Monday as Nvidia and other chipmakers sold off after surging popularity of a low-cost Chinese artificial intelligence model …

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Stock Market Today: Nasdaq Tanks, Dow Tumbles 350 Points As AI …

18 hours ago

4 days ago · The Nasdaq Composite (^IXIC) sank more than 3% on Monday as Chinese startup DeepSeek put in question US dominance over artificial intelligence and valuations for chip …

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Nasdaq Drops 3% As Stocks Open Sharply Lower In DeepSeek …

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4 days ago · Stocks opened sharply lower Monday, with chip and other stocks tied to artificial-intelligence plays suffering a rout after Chinese startup DeepSeek's high-performing model …

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What Is DeepSeek, And Why Is It Causing Nvidia And Other Stocks To ...

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4 days ago · The blue-chip Dow Jones Industrial Average added 0.7%. Despite the sharp drop on the Nasdaq, it's far from the worst day for the index during the past five years.

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DeepSeek Panic Live Updates: Nvidia Stock Drops 4%—As Trump …

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4 days ago · Jan. 27, 3 p.m. EST Nvidia releases its first statement on DeepSeek as its stock dipped to a 18% loss on the day, calling the Chinese company’s model “an excellent AI …

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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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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 DeepSeek AI Model Hits Tech Shares

18 hours ago

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

18 hours 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 leader …

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Tech Stocks Drop After DeepSeek’s Low-cost AI Release - Tech In Asia

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3 days ago · The model reportedly uses lower-cost chips and less data, raising investor concerns about the future demand for high-tech chips. US Nasdaq futures fell over 3%, while S&P 500 …

techinasia.com

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

Is Chinese-made artificial intelligence 'deepseek' sinking tech stocks?

A Chinese-made artificial intelligence (AI) model called DeepSeek has shot to the top of Apple Store's downloads, stunning investors and sinking some tech stocks. Its latest version was released on 20 January, quickly impressing AI experts before it got the attention of the entire tech industry - and the world. ...

Can deepseek achieve low-cost model on under-powered AI chips?

That means DeepSeek was able to achieve its low-cost model on under-powered AI chips. US tech stocks got hammered Monday morning. Nvidia (NVDA), the leading supplier of AI chips, whose stock more than doubled in each of the past two years, fell 12% in premarket trading. ...

Is deepseek's AI model rattling global companies?

Concerns over Chinese startup DeepSeek’s AI model are rattling global companies riding the AI wave — including chipmakers, infrastructure suppliers, and power stocks — as investors grow more uncertain about the future of AI spending. ...

Will AI demand-driven growth fuel stocks?

The Nasdaq and S&P 500 were rattled by claims by China's DeepSeek that its AI assistant uses cheaper chips and less data than leading models, but performs equally well. A surge in DeepSeek's popularity has spurred investors to question bets that AI demand-driven growth will keep fueling gains for stocks. ...

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. ...

How did AI affect the stock market in 2024?

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 289.33 points, or 0.65%, to 44,713.58, the S&P 500 lost 88.96 points, or 1.46%, to 6,012.28 and the Nasdaq Composite lost 612.47 points, or 3.07%, to 19,341.83. ...