DeepSeek AI buzz puts tech stocks on track for $1 trillion wipeout
2 months ago

DeepSeek AI buzz puts tech stocks on track for $1 trillion wipeout

Hindustan Times  

Chinese artificial intelligence startup DeepSeek rocked global technology stocks Monday, raising questions over America’s technological dominance. Buzz grew over the weekend about DeepSeek’s latest AI model being cost-effective while running on less-advanced chips, casting doubt on the validity of the rich valuations for companies like Nvidia Corp., which has led the global AI stock boom as its chips have been seen as essential to the technology. “It can potentially derail the investment case for the entire AI supply chain, which is driven by high spending from a small handful of hyperscalers.” Roughly 200,000 Nasdaq 100 futures contracts changed hands by 4:45 a.m. New York time, about four times more than the 30-day average for this time of day, according to data compiled by Bloomberg. The AI model from DeepSeek — founded by quant fund chief Liang Wenfeng — is widely seen as competitive with OpenAI and Meta Platforms Inc.’s latest offerings.

History of this topic

China floods the world with new low-cost AI models after DeepSeek’s success, undercutting OpenAI, Google, and others
Trending News
1 week ago
DeepSeek rolls out V3 AI model updates in race against OpenAI. What's New?
Trending News
1 week ago
Roland Berger: Foreign firms should invest in China's tech R&D
1 week, 3 days ago
Tariffs only accelerate China's self-reliance in high-tech sector
1 week, 6 days ago
Why did China give away DeepSeek free, what's the game here?
2 weeks, 2 days ago
Chinese Companies Rush to Put DeepSeek in Everything
3 weeks ago
Investors want a piece of DeepSeek. Its founder says not now.
3 weeks, 1 day ago
Chinese AI is following a familiar playbook. US firms should worry.
3 weeks, 5 days ago
DeepSeek’s market disruption must awaken India
3 weeks, 6 days ago
China says it will increase support for AI, science and tech innovation
4 weeks ago
China's DeepSeek claims theoretical cost-profit ratio of 545% per day
4 weeks, 2 days ago
BGMI-maker Tencent's latest AI model to compete with China's DeepSeek
1 month ago
DeepSeek's breakthrough casts shadow on US tech supremacy
1 month ago
DeepSeek cuts off-peak pricing for developers by up to 75%
1 month ago
DeepSeek cuts off-peak pricing for developers by up to 75%
1 month ago
DeepSeek rushes to launch new AI model as China goes all in
1 month, 1 week ago
China shook up AI with DeepSeek. Now it’s doing the same with medicines
1 month, 1 week ago
DeepSeek a wake-up call for global AI industry
Trending News
1 month, 1 week ago
AI trends transforming industrial development
1 month, 1 week ago
Chinese AI companies celebrate DeepSeek, shrug off global curbs
1 month, 1 week ago
Chinese Tech Stocks Rally as Upbeat Earnings Lift Sentiment
1 month, 1 week ago
DeepSeek a breakthrough but bottlenecks remain
1 month, 1 week ago
Nvidia has leapt back into the AI game as panic over DeepSeek ebbs
1 month, 1 week ago
Lenovo’s Profit Beats Estimates as AI Fuels PC Recovery Hopes
1 month, 1 week ago
DeepSeek, tariff relief fuel rally in Chinese tech stocks
1 month, 2 weeks ago
After DeepSeek, America and the EU are getting AI wrong
1 month, 2 weeks ago
Google's AI boss casts doubts on DeepSeek's efficiency claims, calls them exaggerated and misleading
1 month, 3 weeks ago
Amid DeepSeek frenzy, Chinese companies detail use of AI
1 month, 3 weeks ago
DeepSeek hasn’t just disrupted OpenAI. Chinese tech giants are being upended too
1 month, 3 weeks ago
DeepSeek hasn’t just disrupted OpenAI. Chinese tech giants are being upended too
1 month, 3 weeks ago
DeepSeek reaffirms China's continuous rise
1 month, 3 weeks ago
DeepSeek reaffirms China's continuous rise
1 month, 3 weeks ago
Power stocks had been on an AI tear. Then came DeepSeek.
1 month, 3 weeks ago
DeepSeek ramps up recruitment in China, emerges as one of the best paymasters to attract young talent
1 month, 3 weeks ago
DeepSeek’s big-picture message: Embrace the open-source movement for wider benefits
1 month, 3 weeks ago
Opinion: What China’s DeepSeek breakthrough really means for the future of AI
1 month, 3 weeks ago
DeepSeek: Reshaping AI in a West-dominated world
1 month, 3 weeks ago
Sundar Pichai says DeepSeek is doing ‘very good work’, explains why Gemini has the edge
1 month, 4 weeks ago
Nvidia stock crash: How a Brooklyn-based blogger fueled the AI giant’s $600 bn market collapse; Here’s what report says
1 month, 4 weeks ago
DeepSeek vs Stargate Project: How AI spending is evolving, in charts
1 month, 4 weeks ago
DeepSeek's models 100% more susceptible to manipulation than US-made AI models, finds research
1 month, 4 weeks ago
I spent the day using DeepSeek... here are the shocking things I learned about China's AI bot
1 month, 4 weeks ago
DeepSeek damage: On Jan 27, Nvidia lost combined networth of Starbucks, PepsiCo, McDonald's and Target
2 months ago
Is it DeepSeek vs ChatGPT? US Congressional houses issue warnings against Chinese AI chatbot: Report
Trending News
2 months ago
DeepSeek has blown the AI competition wide open – and that’s great news for the UK
2 months ago
Why Silicon Valley Is Losing Its Mind Over This Chinese Chatbot
55 years, 3 months ago
DeepSeek’s breakthrough sparks national pride in China
2 months ago
How China's low-cost DeepSeek disrupted Silicon Valley’s AI dominance
2 months ago
How China's low-cost DeepSeek disrupted Silicon Valley’s AI dominance
2 months ago
US lawmakers urge Trump to push for new curbs on NVIDIA's AI chips after DeepSeek fiasco
2 months ago

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