DeepSeek Breakthrough Fuels Rally in Chinese Tech Stocks
The Hang Seng Tech Index, which tracks the 30 largest technology companies listed in the city, rose as much as 2.9% on Friday, reflecting a rise of more than 20% from its January low.
DeepSeek Shock Fires Up Bullish Bets on Cheap China Tech Stocks
China’s growing clout in the artificial intelligence space has sparked a wave of optimism toward the nation’s tech shares, with a gauge approaching a technical bull market and brokers issuing upbeat calls.
What DeepSeek's Technology Could Mean for Tech Stocks
Chinese artificial intelligence startup DeepSeek rattled the U.S. technology sector after the company recently unveiled an AI model that is competitive with leading U.S. models b
Tech stocks fall as China's DeepSeek sparks U.S. worries about the AI race
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.
Tech stocks have worst week in months after ‘nobody saw DeepSeek coming’ amid AI mania
The S&P 500 SPX and Nasdaq Composite COMP closed Friday with weekly losses, dragged down by battered tech stocks after fears surrounding DeepSeek suddenly surfaced in the U.S. equities market. AI chip maker Nvidia Corp. NVDA lost $552 billion in market value this week through Friday, after its stock struggled to rebound from a 17% plunge on Monday.
Why DeepSeek is hitting tech stocks hard, including Nvidia's
In a matter of days, DeepSeek proved to be so popular as to climb to the top of Apple's App Store, surpassing OpenAI's ChatGPT as the most downloaded app. But for owners of Nvidia stock, and stock traders in general, DeepSeek is on track of becoming a black swan — an unexpected event with extreme consequences.
Nvidia, Broadcom Among Tech Stocks to Sink on DeepSeek Threat
A slew of stocks, including chip maker Nvidia, fell Monday after Chinese startup DeepSeek released an AI model that runs on less-advanced chips and at a lower cost than U.S. rivals.
DeepSeek Rattles Tech Stocks: Chinese Startup’s Rise Against OpenAI Challenges U.S. AI Lead
Chinese startup DeepSeek’s app has climbed to the top of the iPhone charts as its newest AI assistant showed competitive performance against rivals like OpenAI and Meta.
DeepSeek fever fuels patriotic bets on Chinese AI stocks
Chinese investors are rushing into AI-related stocks, betting the artificial intelligence advance of home-grown startup DeepSeek will lead to a boom in the sector and give the initiative to China in an intensifying Sino-U.
Stock market today: Asian shares mixed as DeepSeek lifts Chinese tech stocks
Asian shares Friday were mixed, with Chinese technology stocks rising as most other Asian equities declined. Japan’s benchmark Nikkei 225 dipped nearly 0.44% in early trading to 38,893.65. Australia’s S&P/ASX 200 slid just 0.
Chinese Tech Stocks Near Technical Bull Market on DeepSeek Hype
A gauge of Chinese tech shares trading in Hong Kong was poised to enter a technical bull market after DeepSeek’s artificial intelligence model ignited interest in China’s internet firms.
Power Stocks Had Been on an AI Tear. Then Came DeepSeek.
The efficiency gains of DeepSeek’s AI models startled the power industry, which is set to invest billions in electricity ...
After DeepSeek, Tech Stocks Still Win. Here’s How AI Is Getting Reset.
DeepSeek could spark a shift from hardware to software, similar to what happened to traditional computing beginning in the ...
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Chinese AI DeepSeek challenges ChatGPT and causes tech stocks to fall, including Tesla
Tech stocks falling after small Chinese lab, DeepSeek, develops new AI model that challenges ChatGPT and Tesla; what to know.
DeepSeek’s security risks lead to bans in several countries. Will it be the next TikTok?
DeepSeek AI may join TikTok and CapCut on the U.S. banned apps list due to security concerns over its potential to send data ...