DeepSeek stunned the tech world with the release of its R1 "reasoning" model, matching or exceeding OpenAI's reasoning model for a fraction of the cost.

Monday’s big tech sell-off in shares across the world stemmed from the release of an artificial intelligence model launched by DeepSeek - but on Tuesday, some of those worst-hit stocks bounced back. With a short period of time for reflection and re-judgement since the initial shock,

NVIDIA (NASDAQ: NVDA) shares surged 8.8% Tuesday, recovering from a sharp sell-off linked to DeepSeeks claims, which wiped $589 billion off the AI chip giants market value. The rebound came as Wall Street analysts

DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.

Nvidia stock tumbled when DeepSeek said it trained an impressive AI model at a fraction of what U.S. companies have paid, but many Wall Street analysts remain bullish. President Trump's plan to reduce the corporate tax rate to 15% would let Nvidia repurchase more stock,

DeepSeek and its seemingly lower-cost operations raised worries about whether companies would need to spend as many dollars on Nvidia chips as previously thought. The concerns dra