Nvidia shares sink as Chinese AI app spooks markets
3 days ago · In the US, AI chipmaker Nvidia ended Monday's trading having plunged 16.9% while its rival Broadcom slumped 17.4%. Other tech firms also sank, with Microsoft down 2.14% and Google's owner Alphabet ...
Nvidia, Microsoft shares tumble as China-based AI app ... - ABC News
3 days ago · The emergence of China-based AI app DeepSeek sent shares plummeting on Monday for many U.S. tech giants, including chipmaker Nvidia and AI-backer ... 24/7 coverage of breaking news and live events ...
Nvidia shares fall 17% as Chinese AI startup DeepSeek triggers …
2 days ago · Chipmaker Nvidia, which rode the AI wave last year to become the richest company in the world, plunged nearly 17% — erasing $589 billion in value in the largest one-day drop in market history ...
Nvidia loses nearly $600 billion in market value after Chinese AI ...
2 days ago · Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene With Monday’s losses, Apple has retaken the title of world’s most valuable company and Nvidia’s ...
What is DeepSeek, and why is it causing Nvidia and other ... - CBS News
3 days ago · AI-related stocks took a hit on Monday, with Nvidia shares tumbling 17%, shedding $600 billion in value and marking the single-biggest one-day loss for a company in stock market history, according ...
Chipmakers including Nvidia suffer declines after exhibit from China…
3 days ago · NEW YORK (AP) — Wall Street’s superstars tumbled Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve been feasting on.. The S&P 500 dropped 1.5%, dragged down in large part by a 16.9% fall for Nvidia.Other Big Tech stocks also took heavy losses, and they pulled the Nasdaq composite down 3.1% for …
Nvidia faces a reckoning as Chinese upstart raises questions …
1 day ago · Nvidia became a household name as its stock more than tripled in 2023 and then more than doubled in 2024. Investors and analysts lauded CEO Jensen Huang as the “Godfather of AI.” Nvidia grew into a $3 trillion-plus behemoth and traded places with titans like Apple to become the most valuable company on Wall Street.
Nvidia loses nearly US$600 billion in value as Chinese AI firm
2 days ago · Shares in Nvidia, whose semiconductors power the AI industry, fell nearly 17 per cent on Wall Street, erasing nearly US$600 billion of its market value. ... Trump says China's DeepSeek AI a 'wake ...
Nvidia Reels After China’s A.I. Breakthrough - The New York Times
2 days ago · Nvidia Reels After China’s A.I. Breakthrough The tech industry has had an insatiable appetite for Nvidia’s chips over the last two years. But the feast may be over sooner than many had expected.
China is probing Nvidia in a major escalation of its chip war
Dec 9, 2024 · China has opened an antitrust investigation into American chipmaker Nvidia, the world’s largest provider of processors that power artificial intelligence, according to Chinese state media.