Nvidia loses $500 billion in value as Chinese AI firm DeepSeek jolts tech shares
US chip-maker Nvidia led a rout in tech stocks on Monday after the emergence of a low-cost Chinese generative AI model that ...
Apple, Meta Platforms rise to lead 'Magnificent 7' stocks amid AI washout
Apple stock jumped Monday, proving itself resilient to the widespread AI stock selloff Monday prompted by the release of Chinese firm DeepSeek’s new cost effective artificial intelligence model.
DeepSeek AI Fallout Spreads to Manufacturing Stocks. These Have the Most Risk.
Shares of Eaton, Schneider Electric, Trane, Amphenol, and others are all selling off after the Chinese AI app DeepSeek ...