Tech stocks tank as a Chinese competitor threatens to upend the AI frenzy
Wall Street tumbled on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China.
Tech stocks routed: Entry of Chinese AI competitor rattles market; Nvidia sinks nearly 17%
Wall Street’s superstars tumbled Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve been feasting on.
What is DeepSeek: This Chinese competitor threatens to upend AI, sends US stocks tumbling
The S&P 500 fell 1.9% Monday. Big Tech stocks took some of the heaviest losses, with Nvidia down 17.6%, and they dragged the Nasdaq composite down 3.3%.
Tech stocks shake as a Chinese competitor threatens to topple their AI domination; Nvidia down 14%
The S&P 500 was down 1.7% in midday trading and heading for its worst day in more than a month. Big Tech stocks took some of the heaviest losses, with Nvidia down 14.4%, and they dragged the Nasdaq composite down 2.8%.
Tech stocks tumble as Chinese competitor threatens to upend AI industry; Nvidia down 16%
The S&P 500 was down 1.7% in afternoon trading and heading for its worst day in more than a month. Big Tech stocks took some of the heaviest losses, with Nvidia down 16%, and they dragged the Nasdaq composite down 3.2%.
Tech stocks tank as a Chinese rival threatens to upend the AI frenzy; Nvidia sinks nearly 17
NEW YORK — Wall Street's market-moving superstars tumbled Jan. 27 as a competitor from China threatens to upend the artificial-intelligence frenzy they've been feasting on.
Nvidia shares sink as Chinese AI app spooks markets
DeepSeek, a Chinese AI chatbot, was made at a fraction of the cost of its rivals
Stock Market Updates: Nvidia, Meta Microsoft Hit by Fears Over Chinese AI Rivals
Tech stocks tumbled as Chinese AI startup DeepSeek's advances raised fears of intensified competition, shaking investor confidence. Follow Newsweek's live blog.
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