A slew of stocks, including chip maker Nvidia, fell Monday after Chinese startup DeepSeek released an AI model that runs on less-advanced chips and at a lower cost than U.S. rivals.
Shares of several energy stocks, including OpenAI co-founder Sam Altman-backed Oklo Inc. (OKLO), Constellation Energy Corp. (CEG), and Vistra Corp. (VST), among others, plunged in mid-day trade on Monday.
Nvidia and other artificial intelligence stocks at the forefront of the AI revolution are rebounding somewhat Tuesday after a selloff triggered by Chinese startup DeepSeek’s launch of a cutting-edge model at a fraction of the cost of its U.
Investors spent much of 2024 looking for less crowded trades set to gain from the AI boom. This week, many of those names got caught in the historic sell-off.
Four of the stocks listed above are currently outperforming the benchmark S&P 500 in 2025. But Constellation Energy and Vistra are leading the way, with year-to-date returns of 44% and 35%, respectively. Those gains speak to their strong market positions.
Discover how the $500 billion AI infrastructure initiative by OpenAI, SoftBank, Oracle, and MGX is creating investment opportunities in multiple sectors.
The fast-growing popularity of the Chinese artificial intelligence software hit shares in tech giants like Nvidia, as Silicon Valley worried about what comes next.
Shock to financial markets came from Chinese firm whose AI app it says was made at a fraction of US AI models.
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.
Wall Street’s superstars tumbled Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve been feasting on.
The Chinese AI company roiled financial markets and showed the road to growth in electricity demand may be bumpy.
BofA lowered the firm’s price target on Constellation Energy (CEG) to $366 from $380 and keeps a Buy rating on the shares. Constellation and