DeepSeek AI Faces US Investigation: Will it Benefit Nvidia Stock?
With the arrival of the Chinese startup driving a mass Wall Street sell-off to start the week, DeepSeek AI is set to face a US investigation that could benefit Nvidia (NVDA). Indeed, the AI chipmaker’s stock plummeted as much as 17% Monday. Moreover, the arrival of alternative artificial intelligence saw it lose $600 billion in market cap. The potential investigation is surrounding DeepSeek’s use of Nvidia AI chips, according to a Bloomberg report. Specifically, US officials are looking for answers as to where those semiconductors were purchased through third parties in Singapore. If this were the case, it would violate United States restrictions on the sale of chips for AI product development. Source: Finbold Also Read: Nvidia: DeepSeek Sell-Off Led Retail Investors to Buy $920M in NVDA DeepSeek AI Faces US Probe as Nvidia, OpenAI Look to Bounce Back Amid the ongoing hype and demand, DeepSeek threw a wrench into the AI sector on Monday. It quickly surged in popularity, and ...