Nvidia shares drop 5% due to Chinese AI model DeepSeek competition

From Investing.com: 2025-01-26 21:44:11

NVIDIA shares dropped 5% as Chinese AI model DeepSeek threatens traditional AI development budgets. DeepSeek claims to rival top models while using fewer resources, causing concern for NVIDIA’s future in AI chip market. Major tech firms may adopt leaner AI approaches, impacting NVIDIA’s revenue. Wall Street expects increased AI capex.



Read more at Investing.com: Nvidia shares slide 5% as China’s DeepSeek sparks questions over AI-related capex By Investing.com