As Nvidia Stock Rises, Here’s Why DeepSeek AI Worries Are Overblown
Nvidia stock looked set to pare some of its losses Tuesday.The chip maker was partly recovering from its historic fall the previous day as the market digested a Chinese startup’s claims of developing a leading artificial-intelligence model at an unprecedentedly low cost.
Nvidia stock begins recovery after DeepSeek AI frenzy prompted near $600 billion loss
Nvidia stock rose early Tuesday as the AI chipmaker began to recover from a massive decline the prior day that shaved nearly $600 billion off its market cap.
Nvidia and stock indexes rebound a day after DeepSeek tech wipeout
Nvidia staged a moderate rebound on Tuesday, rising as much as 3%, following a 17% drop the prior day. More broadly, major US indexes rallied after the S&P 500 and Nasdaq 100 saw sharp losses on Monday amid concerns over the Chinese AI firm DeepSeek's rapid and seemingly cost-effective advances.
One reason Nvidia looks like a bargain stock following the DeepSeek news
Other technology stocks trading at relatively low valuations to historical levels include Micron, Super Micro and Workday.
Nvidia's shares drop nearly $600 billion as DeepSeek disrupts AI giant
The drop cost Nvidia nearly the same as Netflix’s market cap, or the total GDP of countries like Ireland, Sweden, or Belgium. On today's programme, Nvidia has lost its spot as the world’s most valuable company after the largest stock market drop in history.
Melius Research Cuts AMD Rating to Hold, Warning of Nvidia's AI-Driven Competition
Through its ARM-based CPUs specialized for artificial intelligence workloads, the research company cautioned in a note to ...
Chinese AI company DeepSeek has US spooked as powerful new competitor
A Chinese AI company has panicked Wall Street tech investors with its cost-efficient AI model rivaling giants like OpenAI and Google.
U.S. Defense Department Plans Major Expansion of In-Theater Data Processing Capabilities
A key focus of JOE’s expansion is on providing essential AI and advanced graphics processing unit (GPU) technologies for edge ...
Why Chinese AI company DeepSeek is spooking investors on U.S. tech
U.S. tech stocks, including Nvidia, Oracle and Broadcom, plummeted Monday after Chinese startup DeepSeek said it created an ...
Qdrant launches hardware-independent, GPU-accelerated vector indexing capability
Qdrant, the developer of a high-performance open-source vector database, today introduced its graphics processing unit ...
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World's fastest supercomputer 'El Capitan' goes online — it will be used to secure the US nuclear stockpile and in other classified research
The world's fastest supercomputer 'El Capitan' can reach a peak performance of 2.746 exaFLOPS, making it the planet's third ...
AMD price target lowered to $150 from $200 at Wedbush
Wedbush lowered the firm’s price target on AMD (AMD) to $150 from $200 and keeps an Outperform rating on the shares ahead of the earnings ...
Samsung Unveiled the New Galaxy S25 Ultra—Here's Everything To Know
Samsung officially unveiled several versions of its Galaxy range at the January event Galaxy Unpacked in San Jose, California ...
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Electronics History: AMD’s Unified Shader GPU
The AMD unified shader architecture that debuted in the Xbox 360 ushered in a new era for the graphics processing unit (GPU).