View RSS Feed

TechnoMeter

China DeepSeek AI Kills USA Tech, NVDA and Chip Stocks

Rate this Entry
by , 01-29-2025 at 07:29 AM (84 Views)
      
   


The sharp selloff in tech stocks, including Nvidia (NVDA), this morning signals speculative capital rapidly retreating from high-growth tech plays and risky assets across the board.
The trigger? Last week’s launch of DeepSeek, a new AI assistant developed by a Chinese startup, has soared to the top of app store download charts. Analysts are buzzing over its performance, noting it rivals ChatGPT while operating on less-advanced hardware. For a deep dive into DeepSeek, click here for the QuickTake.

more...

Submit "China DeepSeek AI Kills USA Tech, NVDA and Chip Stocks" to Google Submit "China DeepSeek AI Kills USA Tech, NVDA and Chip Stocks" to del.icio.us Submit "China DeepSeek AI Kills USA Tech, NVDA and Chip Stocks" to Digg Submit "China DeepSeek AI Kills USA Tech, NVDA and Chip Stocks" to reddit

Tags: deepseek Add / Edit Tags
Categories
Uncategorized

Comments