Global Tech Stocks Plunge as China’s DeepSeek Undercuts Rivals
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Chip Stocks Tumble After China’s DeepSeek AI Models Raise Doubts Over U.S. Tech Dominance
Global chip stocks slumped Monday on DeepSeek revealing it had developed AI models that nearly matched American rivals despite using inferior chips.
Tech stocks plunge as China ‘delivers AI wake-up call’
Venture capitalist Marc Andreessen, a close advisor to Trump, described it as “AI’s Sputnik moment” - a reference to the Soviet satellite launch that sparked the Cold War space race. Scale AI’s Wang wrote on X that DeepSeek “is a wake up call for America”.
China Market Update: Are China Stocks A Trump Trade?
On Monday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index gained +2.59% following U.S. President Donald Trump and China President Xi Jinping’s Friday phone call that took place after Asia markets closed and before the U.S. markets opened.
Nasdaq Set to Open Down as Tech Stocks Dive on DeepSeek AI Fears
Dow, S&P 500 and Nasdaq futures are also dropping Thursday as tech stocks fall amid fears over China's DeepSeek AI.
Stock Market Today: Nvidia Stock Sinks in AI Rout Sparked by China's DeepSeek
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
China's DeepSeek sets off AI market rout
Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial intelligence model wobbled investors' faith in the profitability of AI and the sector's voracious demand for high-tech chips.
DeepSeek Spooks the Stock Market. Why China’s AI Model Is a Big Concern for U.S. Tech.
DeepSeek topped the Apple App Store over the weekend, and R1 had already cracked the top 10 of the UC Berkeley leader board Chatbot Arena, a ranking of the top-performing AI assis
China’s DeepSeek Tops iPhone Downloads and Spurs Asia Stocks
Chinese startup DeepSeek’s eponymous AI assistant rocketed to the top of Apple Inc.’s iPhone download charts, stirring doubts ...
Seeking Alpha on MSN1h
China's ChatGPT moment: Tech stocks fall as U.S. lead in AI race may be at risk
Tech stocks slide as Chinese AI startup DeepSeek triggers fears of China overtaking the U.S. in the AI race. Read more.
China Market Update: Like A Good Neighbor, Chinese Insurance Companies Are There To Buy Stocks
Asian equities ended the week on a high note, as Mainland China and Hong Kong outperformed and the Philippines underperformed ...
Chinese Stocks Close Lower After Manufacturing Data Show Slowdown
Chinese shares closed lower, paring back the mild gains seen during the trading session. China's official manufacturing and ...
China’s Latest Bid to Boost Stocks Barely Moves the Needle
Authorities’ request for state-owned insurance companies and mutual funds to invest more in stocks got a lackluster market ...
China Stocks, Yuan Cautiously Firm After Trump Delays Tariffs
The CSI300 Index has dropped roughly 5% since Trump won the election on Nov. 5 with a threat to impose steep tariffs of 60% ...
ASML Sinks as China AI Startup Triggers Panic in Tech Stocks
ASML Holding NV shares tanked along with global technology stocks on Monday as Chinese artificial intelligence startup ...
Money managers are eyeing these three bright spots in Chinese stocks
China’s benchmark CSI 300 Index has dropped more than 2 per cent this year, even as the majority of global equities have ...