A chatbot made by Chinese artificial intelligence startup DeepSeek has rocketed to the top of Apple’s App Store charts in the US this week, dethroning OpenAI’s ChatGPT as the most downloaded free app.

The Chinese AI service has Wall Street worried that it will be cheaper than expected to develop models. But as chip stocks sink, some analysts see a silver lining.

DeepSeek threat to Nvidia sales? The group is expected to generate around $197.3 billion in revenue in the coming fiscal year, which ends in January of 2026, with net income of ar

Barrett Woodside, co-founder of the San Francisco AI hardware company Positron, said he and his colleagues have been abuzz about DeepSeek.

Tech-heavy NASDAQ futures, European tech shares, and most Asian markets (excluding China) saw sharp declines on Monday. Nvidia shares fell over 12%, along with other US tech stocks like ASML Holding NV,

China's DeepSeek is roiling AI stocks as Wall Street mulls demand for Nvidia chips and huge capital spending by tech industry giants.

Stocks of global tech giants Nvidia Corp and ASML Holding NV fell after growing buzz around Chinese startup DeepSeek's latest AI model.

DeepSeek topped the Apple AppStore chart and sparked fears the Chinese company is quickly catching up with OpenAI's ChatGPT while costing far less.

KEY TAKEAWAYS A slew of artificial intelligence stocks, including chip maker Nvidia, are tumbling in premarket trading Monday after Chinese startup DeepSeek released a cutting-edge AI model that runs on less-advanced chips and at a lower cost than U.

US stock index futures tumbled in early Asian trading hours Monday amid concerns that an artificial intelligence model from China’s DeepSeek may disrupt the tech market. S&P 500 futures fell as much as 1 per cent as of 10:12 am in Hong Kong,