Technology stocks such as Tokyo Electron, SoftBank Group, Advantest and Fujikura plunged 5-11 percent amid DeepSeek's emergence as a disruptive force in the AI landscape.
Dow, S&P 500 and Nasdaq futures are also dropping Thursday as tech stocks fall amid fears over China's DeepSeek AI.
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And two kinds of stocks have plenty of momentum these days: mega-cap monsters with market caps of $200 billion or more and ...
Chinese startup DeepSeek has rolled out a free assistant it says uses lower-cost chips and less data, seemingly challenging a ...
Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial ...
Tokyo stocks ended mixed Monday as banks lifted on hopes for improved profits, while technology issues dropped on fears that ...
DeepSeek’s R1 model has reportedly outperformed established competitors like OpenAI and Meta in critical areas such as mathematics, coding, and reasoning tasks. This breakthrough has raised eyebrows ...
Chinese startup DeepSeek’s app has climbed to the top of the iPhone charts as its newest AI assistant showed competitive ...
(Reuters) - European shares slid on Monday as the technology sector joined the retreat in other markets after China's ...
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES –Fredericton, New Brunswick, Jan. 26, 2025 (GLOBE NEWSWIRE) -- ...
In 2024, the company, also known as TSMC, gained 90% -- essentially doubling the company's market cap from roughly $500 ...