DeepSeek was reportedly developed in just two months at a cost of under $6 million — a stark contrast to the billions typically spent by US giants.

Retail investors bought a net $562 million of Nvidia stock on Monday, the largest single-day inflow in at least 10 years, VandaTrack said.

At the World Economic Forum in Davos, tech executives stressed the importance of the U.S. and its allies advancing data centers and finding the right regulatory balance to stay competitive with China in AI development. Ruth Porat from Alphabet acknowledged the US’s lead in AI models but warned that it was not guaranteed to last, Bloomberg reported.

David Shaw's D.E. Shaw bought 5.9 million shares of Nvidia, increasing its position by 53%. Nvidia is now the largest holding. Meanwhile, D.E. Shaw sold 8.7 million shares of Palantir, reducing its stake by 45%.

U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September

Wall Street is trying to assess the long-term impact ... In a statement to CBS News, Nvidia offered praise for DeepSeek. "DeepSeek is an excellent AI advancement and a perfect example of test ...

Monday’s bloodbath in Nvidia and other AI stocks wiped out some $1 trillion from the stock market’s value.

Dan Ives is not alone in selecting Nvidia as a top stock pick for 2025. Harsh Kumar at Piper Sandler recently wrote, "We are making Nvidia our top large-cap pick given the company's dominant position in AI accelerators and the upcoming launch of the Blackwell architecture."

A Chinese AI startup just upended the trillion-dollar AI race--sending Nvidia, Microsoft, and the Nasdaq into freefall.

We recently published a list of Jim Cramer Breaks Silence On DeepSeek AI Sell-Off & Discusses These 12 Stocks.