When DeepSeek's chatbot launched earlier this month in the U.S., it shocked Wall Street, prompting a historic $600 billion one-day wipeout for AI chip developer Nvidia Corp.'s (NVDA) stock.
Chip-design giant Arm Holdings reported record quarterly sales on the back of a rush of artificial-intelligence chip buying but gave an outlook that disappointed investors, sending its shares down. In ...
Advanced Micro Devices shares tumbled 8 per cent on Wednesday after the company's AI chip revenue failed to meet analysts' high expectations, underscoring its struggle to grab market share from ...
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