ASML stock rallied after the semiconductor supplier beat fourth-quarter expectations. Here's what you need to know.
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
A slew of stocks, including chip maker Nvidia, fell Monday after Chinese startup DeepSeek released an AI model that runs on less-advanced chips and at a lower cost than U.S. rivals.
Taiwan Semiconductor Manufacturing Co. (TSM), Broadcom Inc. (AVGO), and other semiconductor companies fell in pre-market trade on Monday as Chinese AI startup DeepSeek’s open-source model threatened the hegemony of industry leader OpenAI.
The shocking success of a new model from a mysterious Chinese lab has America questioning its leadership of the sector.
U.S. chip stocks were a mixed bunch with several joining Nvidia in the red. Cirrus Logic was down 2.2% while ARM Holdings' U.S. shares fell 2.1% and Broadcom lost 1.8%. On the other side of the fence Coherent Corp was up 3.6% and Advanced Micro Devices rose 2.6%. ASML's U.S. shares were last up 4.4%.
AMSTERDAM, Jan 28 (Reuters) - Investors will seek reassurance that ASML's (ASML.AS), opens new tab AI-dependent growth outlook for 2025 is secure despite a selloff sparked by China's DeepSeek ...
and to dump shares of Mag 7 stocks like Nvidia Corp. and Mag 7-adjacent names like ASML Holding NV and Broadcom Inc. Resist the urge to sell everything here. Instead, use the news as a wake-up ...
Broadcom's shares slumped around 17%, while Micron Technology was down around 11%. The Chinese company's launch is raising questions about tech shares being overvalued and that Big Tech is ...
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AMD needs to deliver amid the uncertainties caused by DeepSeek on the need for more compute. Read why I will maintain my bullish proposition heading into its upcoming earnings release.
Instead, it comes from what appears to be an Nvidia consumer, Chinese AI service provider DeepSeek. A DeepSeek research paper quantifies the costs of training. - DeepSeek It works well, jumping to number-one in Apple’s U.