Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China's DeepSeek spooked Wall Street, with bets against Nvidia yielding record profits totaling more than $6 billion.
The success of a mysterious Chinese lab has investors questioning the AI spending boom that has swept Silicon Valley.
DeepSeek has shaken up the AI world, raising questions about its capabilities, and security risks. But the future of AI still ...
The company that lifted the tech industry and drove A.I. spending for the last several years, suffering the biggest one day ...
Nvidia is a leader in AI and gaming tech, but its stock drop has many wondering what’s next. Here’s a look at what Nvidia ...
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...
Investors spent much of 2024 looking for less crowded trades set to gain from the AI boom. This week, many of those names got ...
Technology shares steadied, led by a modest recovery in Nvidia after its record-breaking wipeout in market value in a rout ...
DeepSeek's R1 model shows that AI companies don't need advanced AI chips to build good models, that's not good for companies ...
Jensen Huang likely had an especially bad case of the Mondays when DeepSeek came to town. Of course, as one of the richest ...
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