DeepSeek was reportedly developed in just two months at a cost of under $6 million — a stark contrast to the billions typically spent by US giants.
Nvidia (NASDAQ:NVDA) stock rampaged across the market, rising over 900% over the last two years to hit a $3.5 trillion valuation on insatiable demand for its advanced artificial intelligence chips and CUDA software ecosystem.
Dow Jones futures fell Sunday night, along with S&P 500 futures and especially Nasdaq futures, amid concerns over AI progress from China's DeepSeek. Nvidia, Broadcom, Meta and several other AI-related stocks were indicated lower overnight.
Zuckerberg anticipates that Meta's AI assistant will serve more than 1 billion people in 2025, up from approximately 600 million monthly active users in 2024. Meta Platforms has announced plans to invest up to $65bn this year to expand its artificial intelligence (AI) infrastructure.
Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off. The common thought is, "Nvidia has risen so much already; how can it increase more?"
Live Updates Make sure to refresh this page periodically for updates. More DeepSeek Reactions 9:25 am Bernstein released a research note on what Deep Seek means for NVIDIA and other AI stocks this morning,
Meta Platforms CEO Mark Zuckerberg revealed plans to build a massive artificial intelligence data center, but Nvidia dipped slightly. Read more here.
NVIDIA shares are down 11% in pre-market trading, bleeding $384 BILLION in a few hours over fears of China's game-changing DeepSeek AI startup.
Dow Jones Futures fall amid concerns over DeepSeek's potential impact on Nvidia's dominance, with tech giants' earnings reports on the horizon
One Analyst Firm Just Ranked Nvidia and Alphabet as Its Top 2 "Magnificent Seven" Stocks for 2025. Are Both Stocks Buys?
Nvidia (NVDA) stock plunged as much as 14% in pre-market trading on Monday after Chinese artificial intelligence startup DeepSeek’s latest model raised questions about American competitiveness in the AI space.
Nasdaq tumbles as Nvidia leads tech selloff. DeepSeek’s low-cost AI shakes US dominance, impacting Bitcoin, cryptos, and chip stocks. Click for analysis.