Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.
Nvidia (NVDA) stock slid 4% Wednesday after Bloomberg reported that Trump administration officials are "exploring additional curbs" on Nvidia's chip sales to China. Bloomberg's report added that the talks are in the "very early stages.
The Black Swan author Nassim Taleb is warning that Monday’s brutal selloff in Nvidia Corp. is just a taste of what’s in store for investors who blindly piled into Wall Street’s AI-driven stock rally.
Nvidia stock shed 17% on Monday and erased $589 billion from its market cap, the worst single-day loss of market value ever amid panic over DeepSeek.
The release by the Chinese artificial intelligence lab DeepSeek of an AI model that is faster and more efficient than anything currently on the market, and is also free, just sent shockwaves through the AI sector.
U.S. President Donald Trump's administration is considering tightening restrictions on artificial intelligence leader Nvidia's sales of its H20 chips designed for the China market, Bloomberg News reported on Wednesday.
Nvidia Corp., the biggest provider of chips used to train artificial intelligence software, said a new model released by Chinese startup DeepSeek is an “excellent AI advancement” that complies with US technology export controls.
Donald Trump’s administration is considering stricter limits on Nvidia’s H20 chip sales to China, due to DeepSeek AI and growing concerns over the Asian giant’s AI tech advancements. The H20 chips, compliant with US restrictions,
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Intel Corp. reported better-than-feared fourth-quarter revenue, but warned that its return to competitiveness will take time.
Chinese AI lab DeepSeek provoked the first Silicon Valley freak-out of 2025. Here's what it could mean for American AI policy.