It might be a tough message to take on board on the day Nvidia Corp. shed over $600 billion in market cap, but DeepSeek's cost-reduction breakthroughs probably aren't the disaster that Monday's tech panic might imply,

China's DeepSeek has panicked investors in top AI stocks after it said its new model was built with less computing power than would be expected.

Nvidia on Monday said Chinese AI firm DeepSeek's advances show the usefulness of its chips for the Chinese market and that more of its chips will be needed in the future to meet demand for DeepSeek's services.

DeepSeek has built a highly efficient and cost-effective AI model. Bernstein analyst Stacy Rasgon explains why it isn't a threat for Nvidia.

Nvidia Corp.’s plunge, fueled by investor concern about Chinese artificial-intelligence startup DeepSeek, erased a record amount of stock-market value from the world’s largest company.

Nvidia staged a moderate rebound on Tuesday, rising as much as 3%, following a 17% drop the prior day. More broadly, major US indexes rallied after the S&P 500 and Nasdaq 100 saw sharp losses on Monday amid concerns over the Chinese AI firm DeepSeek's rapid and seemingly cost-effective advances.