NVIDIA shares are down 11% in pre-market trading, bleeding $384 BILLION in a few hours over fears of China's game-changing DeepSeek AI startup.
DeepSeek stunned the tech world with the release of its R1 "reasoning" model, matching or exceeding OpenAI's reasoning model for a fraction of the cost.
Chinese startup DeepSeek has been taking the AI industry by storm with a new chatbot rivaling ChatGPT and Gemini that uses a fraction of the power, time, and money to train and operate.
Dell Technologies Vice President of Global Partner Marketing Eric Arcese tells CRN that when partners look at the company they see that it is “meeting the moment” with AI, from the PC refresh to demand in the data center.
Nvidia (NASDAQ:NVDA) stock rampaged across the market, rising over 900% over the last two years to hit a $3.5 trillion valuation on insatiable demand for its advanced artificial intelligence chips and CUDA software ecosystem.
AMD has just shared gaming benchmark results for its Ryzen AI Max+ 395 "Strix Halo" chip (via Wccftech ). Based on the company’s internal testing, its upcoming APU outclasses Nvidia’s RTX 4070 laptop GPU in gaming performance. If accurate, the best gaming laptops with Nvidia GPUs could face serious competition from Team Red.
Chinese AI firm DeepSeek has emerged as a potential challenger to U.S. AI companies, demonstrating breakthrough models that claim to offer performance Chinese firm's efficient AI model raises questions about Big Tech's massive infrastructure spending plans.
AMD might lose out to Nvidia in the desktop GPU department, but it's set to put up a fight within the laptop GPU region.
NVIDIA Corporation (NASDAQ:NVDA), a leading player in the semiconductor industry, has been at the forefront of the artificial intelligence (AI) revolution, driving significant growth in its stock value and market position.
Some AI researchers hailed DeepSeek’s R1 as a breakthrough on the same level as DeepMind’s AlphaZero, a 2017 model that became superhuman at the board games Chess and Go by purely playing against itself and improving, rather than observing any human games.
Dan Ives is not alone in selecting Nvidia as a top stock pick for 2025. Harsh Kumar at Piper Sandler recently wrote, "We are making Nvidia our top large-cap pick given the company's dominant position in AI accelerators and the upcoming launch of the Blackwell architecture."