All told, Nvidia’s market share and its margins are bound to fall, and perhaps sooner than investors had thought before DeepSeek came on the scene. But there is still plenty of scope for it to remain a dominant player. And a wildcard remains: whether Mr Huang is truly the visionary his admirers believe him to be.

Today could be a very red day in the stock market, and DeepSeek might be to blame. China's AI startup DeepSeek has captured the attention of enthusiasts ever since its launched its latest reasoning AI model,

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

In this latest installment of Opening Bid, Jason Thomas of Carlyle weighed in on what the arrival of DeepSeek might imply for markets and its competitors like Nvidia.

Meta, Nvidia, and other tech giants react to DeepSeek's competitive, cost-efficient models that challenge established market players.

DeepSeek AI live - US stocks bounce back after Nvidia plunge - DeepSeek has caused shockwaves throughout the tech industry - follow for live updates

DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.

I spent last week at the World Economic Forum in Davos, Switzerland, where you couldn’t walk more than two feet without seeing or hearing “AI.” Then there was the big AI new

Entrepreneur Marc Andreessen, known for co-writing Mosaic, one of the world’s first web browsers, wrote Sunday on X that “DeepSeek R1 is AI’s Sputnik moment,” likening it to the space race between the U.S. and the Soviet Union and the event that forced the U.S. to realize that its technological abilities were not unassailable.

Fears of upheaval in the AI gold rush rocked Wall Street on Monday following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a “wake-up call” for Silicon Valley.

Trump argued DeepSeek could be a 'positive' for US tech giants, adding: 'instead of spending billions and billions, you'll spend less, and you'll come up with hopefully the same solution.'