Tag Archives: Nvidia

Nasdaq slumps on Chinese AI upstart, Nvidia loses some $400 billion in value – The Times of India

Nasdaq slumps on Chinese AI upstart, Nvidia loses some 0 billion in value – The Times of India

The New York Stock Exchange is shown in New York’s Financial District on December 31, 2024. (AP) NEW YORK: The tech-rich Nasdaq tumbled early Monday as traders around Wall Street and other global bourses reacted to the emergence of a low-cost Chinese generative AI venture that has apparently overtaken US companies.DeepSeek, which was developed by a start-up based in the …

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