Chinese A.I. Firm DeepSeek Sparks Global Chip Stock Plunge

A Chinese AI startup, DeepSeek, has sent ripples through the global tech industry with its latest innovation. The company’s new AI model, R1, has matched the performance of leading Western counterparts while using fewer and less advanced chips. This development has sparked a significant sell-off in semiconductor stocks worldwide. On Monday, January 27, 2025, markets […]

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