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

Nvidia (NVDA) stock plunged as much as 14% in pre-market trading on Monday after Chinese artificial intelligence startup DeepSeek’s latest model raised questions about American competitiveness in the AI space.

Chipmakers Nvidia and Broadcom both suffered double-digit percentage declines after the exhibit from China's DeepSeek. Software giant Oracle, a central player in the Trump administration's recently announced $500 billion AI partnership,

Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the

The tech-heavy Nasdaq slipped 2.8% Monday morningas a perceived threat from Chinese artificial intelligence startup DeepSeek prompted a global sell-off of tech stocks.

Big Tech stocks took some of the heaviest losses, with Nvidia down 11.2%, and they dragged the Nasdaq composite down 2.7%. The Dow Jones Industrial Average, which has less of an emphasis on tech, was holding up better with a dip of 123 points,

Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China. The S&P 500 fell 1.9%