Broadcom stock is struggling for direction Tuesday after the chipmaker fell sharply Monday following the release of DeepSeek, a cheap AI chatbot.

The release of DeepSeek’s open-source AI chatbot caused a sharp sell-off in Nvidia and Broadcom, shifting market sentiment in favor of AI users.

Japanese tech firms sank Tuesday following a rout on Wall Street after China's DeepSeek chatbot upended the artificial intelligence sector and sparked questions about huge investments by US titans. Tokyo-listed companies linked to the artificial intelligence sector tanked for a second straight day as investors tracked a rout on Wall Street that saw Nvidia crumble 17 percent,

The Chinese chatbot DeepSeek demolished the US stock market, bringing down the capitalization of American companies by a trillion dollars. This is reported by the world media.

The popularity of China's DeepSeek's chatbot appears to have shattered a widespread belief that developing artificial intelligence requires many billions of dollars of investment as has been in the case of US AI models.

Japanese tech firms sank Tuesday after a sell-off in US titans following news of China's DeepSeek chatbot, while the dollar rallied on a report saying Washington was considering universal tariffs

After plunging 17% on Monday, Nvidia climbed almost 9% as investors rushed in to buy this historic dip in shares of the top chip maker.

Broadcom's panic sell-off was triggered by unverified claims about DeepSeek's low development costs. See why I continue to rate AVGO stock a strong buy.

DeepSeek is a Chinese AI firm specializing in large language models (LLMs). Founded in 2023 by Liang Wenfeng, a co-founder of hedge fund High-Flyer, the company develops open-source AI models.

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 top versions from OpenAI and Google for a fraction of the cost.

Nvidia suffered the biggest-ever market value drop in history, writes Anthony Cuthbertson, with the Chinese startup inflicting more than $1 trillion in total losses

Nvidia (NVDA) stock saw a slight turnaround Tuesday morning after the chipmaker suffered its biggest single-day market value loss because of an artificial intelligence chatbot challenger in China.