This past week began with a tech selloff as Chinese AI startup DeepSeek spooked investors worldwide. Chipmakers Nvidia and Broadcom were the stocks most impacted, as DeepSeek’s AI virtual assistant ...
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Wall Street shocked by DeepSeek AI's low-cost, high-performance model using reduced-capacity Nvidia GPUs. Competitors take a hit, but potential for innovation and affordability in AI technology.
AI stocks were rattled this past week when Wall Street took notice of a high-performance, shockingly efficient open-source AI model from Chinese start-up DeepSeek.