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Nvidia, TSMC, ASML Among Tech Stocks Sinking on DeepSeek Threat
KEY TAKEAWAYS A slew of artificial intelligence stocks, including chip maker Nvidia, are tumbling in premarket trading Monday after Chinese startup DeepSeek released a cutting-edge AI model that runs on less-advanced chips and at a lower cost than U.
Tech stocks drop amid rise of China’s DeepSeek AI model
Shares in major technology companies leading the artificial intelligence (AI) race took a tumble Monday morning amid investor concern about a new Chinese AI model with growing popularity. Nvidia, the powerhouse chipmaker fueling the AI boom,
Nasdaq, S&P 500 fall; DeepSeek AI model hits tech shares
NEW YORK >> The S&P 500 and the Nasdaq ended sharply lower today as Nvidia and other chipmakers sold off after the surging popularity of a low-cost Chinese artificial intelligence model raised investor worries about the outlooks for current AI leaders in the United States.
Hosted on MSN
11d
Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
HONG KONG (AP) — Taiwan computer
chip
maker
TSMC
reported Thursday that its profit in the last quarter rose 57%, buoyed ...
Irish Examiner on MSN
11d
Taiwanese chipmaker TSMC posts 57% surge in profits thanks to AI boom
Taiwan computer chip maker TSMC reported on Thursday that its profit in the last quarter rose 57%, buoyed by the artificial ...
The Wall Street Journal on MSN
10d
TSMC Expects Continued AI-Driven Growth After Ending 2024 Strong
The world’s largest contract
chip
maker
on Thursday guided for mid-20% growth in sales this year on strong ...
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