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China, NVIDIA and Wall Street
Wall Street sinks as investors weigh China challenge to US dominance in AI. Nvidia tumbles 10%.
Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China. The S&P 500 fell 1.8% in early trading Monday.
LIVE
US Stock Market LIVE: Wall Street sinks after China's AI push rattles Big Tech; Nvidia crashes 16% on DeepSeek fear
Wall Street's tech giants dragged US frontline indices on Monday after China's AI startup DeepSeek rattled Silicon Valley and hit the top of Apple’s App Store chart
Markets latest: Nvidia leads Wall Street sell-off in Big Tech stocks
The tech-heavy Nasdaq Composite index slid 3.5 per cent shortly after the opening bell, while the broader S&P 500 fell about 2 per cent. Nvidia, which surged last year on bets that Big Tech companies would require vast numbers of advanced chips to power their AI models, sold off by 13 per cent.
US: Wall St opens sharply lower as China's AI push rattles Big Tech
Wall Street’s main indexes opened lower on Monday (Jan 27), as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chipmaker Nvidia and other companies that stand to benefit from investments into the technology.
US tech stocks plunge on China AI’s unexpectedly strong showing
Unclear whether panic selling and sentiment are an overreaction or indication that Silicon Valley has underestimated Chinese tech prowess The US markets got a loud wake-up call on Monday when shares of major US artificial intelligence and semiconductor companies slumped on a wave of fear that Chinese companies were poised to surpass them in the high-stakes battle for supremacy.
2h
on MSN
Tech tailspin on China's AI drive hits Wall Street
U.S. technology shares dropped sharply on Monday as surging interest in Chinese startup DeepSeek's low-cost artificial ...
8h
Wall Street Breakfast Podcast: China's DeepSeek Outshines U.S. AI Giants
Chinese AI DeepSeek rattles Silicon Valley. Meta offering creators deals to promote Instagram on other apps: report.
Observer
1h
The Alarming National Security Implications of DeepSeek and China’s A.I. Breakthrough
Wall Street started the week in a cold sweat thanks to DeepSeek, an obscure Chinese A.I. lab that just dropped a bombshell: a lightning-fast, budget-friendly large language model that’s shaking ...
5h
Wall St opens sharply lower as China's AI push rattles Big Tech
Wall Street's main indexes opened lower on Monday, as the surging popularity of a low-cost Chinese artificial intelligence ...
12h
ASX set to slip, China threat rattles Wall Street
Wall Street’s superstars are tumbling as a competitor from China threatens to upend the artificial-intelligence frenzy ...
5d
on MSN
Apple's China problems keep weighing on the stock
Apple faced two downgrades ahead of earnings, with analysts citing weak iPhone demand. China continues to be a headwind for ...
5d
Apple Stock May Fall As China iPhone Sales Plunge
In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.
4h
Tech stocks shake as a Chinese competitor threatens to topple their AI domination; Nvidia down 11%
Big Tech stocks took some of the heaviest losses, with Nvidia down 11.2%, and they dragged the Nasdaq composite down 2.7%.
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