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Why Is Chinese AI DeepSeek Raising Worry For Investors, Sending Shock Waves Across Tech Stocks?

Zee News Tuesday, 28 January 2025 ()
Chinese startup DeepSeek has rolled out a free assistant it says uses cheaper chips and less data, raising questions about investor expectations that AI will drive demand along a supply chain from chipmakers to data centers.
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Video Credit: euronews (in English) - Published
News video: Chinese startup DeepSeek rattles global markets as Nvidia shares plunge

Chinese startup DeepSeek rattles global markets as Nvidia shares plunge 01:12

The unveiling of Chinese AI startup DeepSeek's latest AI model, which outperforms its US rivals, caused a sharp decline in the value of US and Europe's tech stocks.

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