US AI shares battered, bruised, and holding after yesterday's DeepSeek beating

Nvidia says its chips are still needed, OpenAI says it'll keep buying them en masse, but shares are still down US tech shares, rattled yesterday by the release of a supposedly more efficient AI model by Chinese outfit DeepSeek, appear to have staunched the bleeding, but not recovered. …

Jan 28, 2025 - 19:23
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US AI shares battered, bruised, and holding after yesterday's DeepSeek beating

Nvidia says its chips are still needed, OpenAI says it'll keep buying them en masse, but shares are still down

US tech shares, rattled yesterday by the release of a supposedly more efficient AI model by Chinese outfit DeepSeek, appear to have staunched the bleeding, but not recovered. …