DeepSeek AI Debut Sparks 10% Dive in Taiwan Semiconductor Stock
Affordable, DeepSeek in China competes with AI models from US tech giants Meta (META, Financial) and OpenAI while offering the same performance. Investors were becoming concerned about traditional AI development spending by The Magnificent 7 when they were told DeepSeek was joining the AI market.
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Shares of AI-related hardware companies plunged on Monday, including Taiwan Semiconductor Manufacturing ( TSM -14.11%), ...
Stocks of major Dutch semiconductor companies plummeted on Monday following the launch of DeepSeek, a Chinese AI chatbot ...
DeepSeek has complicated the dominant narrative that's propped up the market for the last 2 years, challenging lofty ...
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