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.
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...
Despite the negative financial impact, Nvidia praised DeepSeek’s breakthrough. “DeepSeek is an excellent A.I. advancement and ...
Brian Colello at Morningstar maintained his target price of $130 per share on Nvidia stock following the DeepSeek news. "We ...
According to a paper authored by the lab, the DeepSeek-R1 model outperforms cutting-edge models such as OpenAI’s o1 and ...
While companies like DeepSeek may find success in certain market segments, they face an uphill battle against this massive ...
Nvidia stock tumbled after DeepSeek's AI news surfaced in tech circles. Read more about the impact the DeepSeek developments ...
DeepSeek AI, favored by investors over ChatGPT, uses rapid advancements with cheaper chips as U.S. tech restrictions fuel ...
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 ...
American AI stocks got sucker punched after China's DeepSeek app reportedly showed advancements against rivals sending ...
Development on the first DeepSeek R1 clone might have started with the announcement of the Open-R1 open-source project.
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