DeepSeek is a Chinese AI firm specializing in large language models (LLMs). Founded in 2023 by Liang Wenfeng, a co-founder of hedge fund High-Flyer, the company develops open-source AI models.
Broadcom was gaining after Meta Platforms said it sees room for greater use of its custom artificial-intelligence chips.
Chinese startup DeepSeek's artificial intelligence chatbot is not revolutionary enough to upend the western artificial intelligence industry as the total addressable market for AI compute is still ...
Apart from NVIDIA, AI chip and component providers, Broadcom, AMD and Amphenol fell 17.4%, 6.37% and 12.57%, respectively.
The release of DeepSeek’s open-source AI chatbot caused a sharp sell-off in Nvidia and Broadcom, shifting market sentiment in ...
The popularity of China's DeepSeek's chatbot appears to have shattered a widespread belief that developing artificial intelligence requires many billions of dollars of investment as has been in the ...
Trump argued DeepSeek could be a 'positive' for US tech giants, adding: 'instead of spending billions and billions, you'll ...
The Nasdaq and other major indexes rebounded on Tuesday, recovering from the sharp sell-off triggered by DeepSeek’s crash, ...
Nvidia suffered the biggest-ever market value drop in history, writes Anthony Cuthbertson, with the Chinese startup ...
US chip-maker Nvidia led a rout in tech stocks Monday after the emergence of a low-cost Chinese generative AI model that could threaten American dominance in the fast-growing industry.
Broadcom stock is struggling for direction Tuesday after the chipmaker fell sharply Monday following the release of DeepSeek, ...
DeepSeek, a Chinese AI startup, has rapidly ascended to prominence, challenging established AI chatbots like Google Gemini and ChatGPT. Its flagship AI model, R1, has achieved remarkable performance ...