The Japanese yen and the Swiss franc gained while the U.S. dollar fell against major currencies on Monday amid a selloff in technology stocks as markets weighed the implications of a Chinese startup launching a free open-source artificial intelligence model.
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.The dollar rallied on a report saying Washington was considering universal tariffs on a range of goods,
4 that it has received an investment from U.S. semiconductor giant Nvidia Corp. Backed by the world’s largest AI chipmaker, the Japanese startup ... around 20 billion yen ($139 million) through ...
The rise of China's DeepSeek free AI assistant, which it claims utilizes cheaper processors and less data, caused a widespread shakeout in financial markets
The Japanese yen declined from its safe-haven gains as investors reacted to a Chinese startup's new open-source AI model and fresh U.S. tariff threats. The U.S. dollar steadied, while the euro weakened ahead of an expected ECB rate cut amid Trump's tariff plans on various imports.
Asian shares are trading mixed after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy
Technology stocks regained ground on Tuesday, a day after a low-cost Chinese AI model rattled markets, while traders rotated back into the
Japanese electronics retailer Goodwill Nagoya Osu will conduct a lottery for customers who line up at the store by 10:20 a.m. on January 31 to determine who can buy an RTX 5090 or RTX 5080 GPU.
Global stocks have advanced in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek fades. Most markets in Asia were closed on Wednesday.
A new Chinese AI model threatens to diminish the need for Nvidia’s most-expensive chips, but some say the concerns are overblown.
Rebounding tech stocks drove U.S. indexes higher Tuesday, a day after they tumbled on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured into it. The Dow Jones Industrial Average added 136 points,
TOKYO—Asian shares were mixed in thin Lunar New Year trading on Tuesday after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy.