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DeepSeek Shakes Up Stocks as Traders Fear for US Tech Leadership

DeepSeek Shakes Up Stocks as Traders Fear for US Tech Leadership

(Bloomberg) — Chinese artificial intelligence startup DeepSeek rocked global technology stocks Monday, raising questions over America’s technological dominance.

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Buzz grew over the weekend about DeepSeek’s latest AI model being cost-effective while running on less-advanced chips, casting doubt on the validity of the sky-high valuations for companies like Nvidia Corp. Nvidia has led the global AI stock boom as its chips have been seen as essential to the…

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https://finance.yahoo.com/news/nasdaq-futures-slump-china-deepseek-022904517.html

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