Global chipmakers rebound after Nvidia shares rally
The recovery came after US chipmaker Nvidia closed up 9 per cent on Tuesday, recouping some of the heavy losses that wiped $600bn off its market capitalisation at the start of the week, when investors fretted over the threat from China’s DeepSeek to the US supremacy in artificial intelligence.
Advisors can breathe a sigh of relief that their clients likely weathered the rough day in the markets without too much pain.
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT ...
Global technology stocks tumbled on Tuesday, extending a selloff into a second day as the debut of a low-cost Chinese ...
Tokyo stocks ended slightly higher Thursday as investors bought semiconductor-related shares after solid earnings reports from Japan's tech sector. The 225-issue Nikkei Stock Average ended up 99.19 ...
Sakana AI, a Tokyo-based startup developing generative artificial intelligence, announced on Sept. 4 that it has received an investment from U.S. semiconductor giant Nvidia Corp. Backed by the ...
Asian shares are trading mixed after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the ...
US chipmaker Nvidia dived 17 per cent, wiping off nearly USD 593 billion in the biggest market capitalisation loss in history ...
Asian markets show mixed performance as Wall Street’s tech stocks fall amid concerns over Chinese AI competitor DeepSeek.
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Wall Street’s superstars are tumbling Monday as a competitor from China threatens to upend the artificial-intelligence frenzy ...
By Ankur Banerjee, Rae Wee and Amanda Cooper LONDON/SINGAPORE (Reuters) -Technology shares steadied on Tuesday, led by a ...
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