Monday, January 27, 2025

US tech stocks fell sharply pre-market over DeepSeek concerns, with NVDA down 8%+ and META and MSFT down 3%; ASML fell 9%+; Japanese chip companies also dropped (Financial Times)

Financial Times:
US tech stocks fell sharply pre-market over DeepSeek concerns, with NVDA down 8%+ and META and MSFT down 3%; ASML fell 9%+; Japanese chip companies also dropped  —  Start-up's model raises questions about need for huge western hardware investment  —  Tech stocks fell sharply on Monday …



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DeepSeek says it used Nvidia H800 chips, available in China until October 2023, to train R1, suggesting future models could be hampered by US export controls (Bloomberg)

Bloomberg : DeepSeek says it used Nvidia H800 chips, available in China until October 2023, to train R1, suggesting future models could b...