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DeepSeek Shakes Up Stocks as Traders Question US Tech Valuations

watchlist :: 2025-01-27 :: source - bloomberg

By Abhishek Vishnoi and Winnie Hsu


Chinese artificial intelligence startup DeepSeek rocked global technology stocks Monday, raising questions over America’s technological dominance.

Buzz grew over the weekend about DeepSeek’s latest AI model being cost-effective while running on less-advanced chips, casting doubt on the validity of the sky-high valuations for companies like Nvidia Corp. Nvidia has led the global AI stock boom as its chips have been seen as essential to the technology.

Story continues on Bloomberg


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