Global chip stocks slumped Monday after Chinese artificial-intelligence company DeepSeek said it had developed AI models that nearly matched American rivals despite using inferior chips, raising fears the global dominance of U.

Nvidia stock dropped more than 11% as a social media panic over the potential rise of a Chinese AI model upended chip stocks and the broader AI investment thesis early Monday.

Amid the financial shock waves being sent by the release of DeepSeek's open source artificial intelligence R1 model, Oppenheimer believes it could be bullish. Read for more.

Japanese stock futures slid, with chip-related shares poised to extend Monday’s declines after concern over Chinese artificial-intelligence startup DeepSeek set off a selling spree in US tech shares.

DeepSeek's ability to build powerful models more efficiently has put a giant question mark over the US tech industry's approach to AI

Japan's chip-related stocks fall as DeepSeek gained momentum, raising concerns about a challenge to America's global leadership in artificial intelligence.

Bitcoin on Monday fell below its $100,000 milestone for the first time in a week, as Chinese startup DeepSeek raised prospect of cheaper artificial intelligence models, sparking a tech selloff and weighing on broader investor sentiment.

DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.