Nvidia falls 11% in premarket trading as China’s DeepSeek triggers tech sell-off

Nvidia falls 11% in premarket trading as China’s DeepSeek triggers tech sell-off

U.S. technology firms plunged in Monday premarket trading, part of a global sell-off as Chinese startup DeepSeek sparked concerns over competitiveness in artificial intelligence and America’s leadership in the sector. Shares of chip designer Nvidia, a major beneficiary of the AI hype, slid more than 11% ahead of the market open. This rout extended to…

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Stocks Markets Fall Sharply as Investors Worry About China’s AI Advances

Stocks Markets Fall Sharply as Investors Worry About China’s AI Advances

Stock markets fell sharply on Monday, dragged down by fears that advances in artificial intelligence by Chinese upstarts could threaten the moneymaking power of global technology giants. The Chinese A.I. company DeepSeek has made waves by matching the capabilities of cutting-edge chatbots while using a fraction of the specialized computer chips that leading A.I. companies…

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