3 days ago · Matt Egan explains why China's AI model is causing US stocks to drop 02:23 Now playing ... The tech-heavy Nasdaq plunged by 3.1% and the broader S&P 500 fell 1.5%. The Dow, boosted by health care ...

3 days ago · Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff in U.S. chipmakers.

3 days ago · Nvidia lost nearly $600 billion in market value Monday as tech stocks plunged amid fears that Chinese artificial intelligence firm DeepSeek leapfrogged U.S. dominance in AI development. The Nasdaq ...

3 days ago · AI stocks plunge as China's DeepSeek sends shock wave through Wall Street 03:08. ... The tech-heavy Nasdaq index slumped 3%, or 612 points, while the S&P 500 declined 1.5%. The blue-chip Dow Jones ...

3 days ago · In a recent interview, Scale AI CEO Alexandr Wang told CNBC he believes DeepSeek has access to a 50,000 H100 cluster that it isn't disclosing, because those chips are illegal in China following ...

3 days ago · American AI stocks got sucker punched after China's DeepSeek app reportedly showed advancements against rivals sending investors into sell mode, shaving 3% off the Nasdaq.

3 days ago · The tech-heavy Nasdaq and broad S&P 500 indexes slumped on Monday after a competitive artificial intelligence model from a Chinese startup sowed doubts about the U.S.'s approach to AI. Losses were ...

3 days ago · On Monday, the S&P 500 index fell 1.5 percent, and the tech-heavy Nasdaq dropped 3.1 percent. Nvidia was hit hard, plunging 16.9 percent and losing roughly $600 billion in market value.

3 days ago · NEW YORK (AP) — Wall Street’s superstars tumbled Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve been feasting on.. The S&P 500 dropped 1.5%, dragged down in large part by a 16.9% fall for Nvidia.Other Big Tech stocks also took heavy losses, and they pulled the Nasdaq composite down 3.1% for …

3 days ago · The Nasdaq 100 Index rose 92% from the start of 2023, adding more than $14 trillion in value and minting billions for a handful of tech executives and founders. ... AI-Fueled Stock Rally Dealt $1 ...