Tokyo stocks ended mixed Monday as banks lifted on hopes for improved profits, while technology issues dropped on fears that U.S. dom
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.
Tokyo Electron made 41.3% of net sales in China in the quarter, compared to 49.9% in the previous quarter, with sales growing in North America and Japan. (Bloomberg) -- Key US lawmakers urged ...
The recovery came after US chipmaker Nvidia closed up 9 per cent on Tuesday, recouping some of the heavy losses that wiped $600bn off its market capitalisation at the start of the week, when investors fretted over the threat from China’s DeepSeek to the US supremacy in artificial intelligence.
Asian markets show mixed performance as Wall Street’s tech stocks fall amid concerns over Chinese AI competitor DeepSeek.
Japan’s chipmaker stocks plunged into losses, while artificial intelligence and related stocks on Wall Street were hammered overnight amid concerns over the waning dominance of US tech giants in the AI space.
Huge U.S. technology companies that soared amid an artificial intelligence frenzy last year are getting pummeled after a little talked about Chinese startup demonstrated a chatbot that it says rivals versions from OpenAI and Google,
TOKYO—Asian shares were mixed in thin Lunar New Year trading on Tuesday after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy.
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.
Tokyo Electron Limited, together with its subsidiaries ... North America, Taiwan, China, South Korea, Southeast Asia, and internationally. The company offers coaters/developers, etch systems ...
Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.
ASX 200 hits a record high on rate cut speculation, while US stocks retreat after Powell dims rate cut hopes. Nikkei edges up amid AI export concerns.