PRNewswire Doddaballapura Karnataka [India] January 28 KASFAB Tools Private Limited A KAS group company under UHP Technologies KASTECH Equipment announced the launch of India first manufacturing and b
By Ankur Banerjee, Amanda Cooper and Medha Singh LONDON/SINGAPORE (Reuters) - A nascent recovery in technology shares faltered on Tuesday and AI chip leader Nvidia struggled to rise from a record-breaking wipeout sparked by a low-cost Chinese artificial intelligence model that threatens the dominance of U.
Global chip stocks slumped Monday on DeepSeek revealing it had developed AI models that nearly matched American rivals despite using inferior chips.
Fujifilm Holdings has announced an ambitious plan to invest approximately ¥100 billion ($640.5 million US) by March 2027 to increase its global semiconductor materials production capacity.
KASFAB Tools Private Limited, part of the KAS Group, inaugurated India’s first facility dedicated to manufacturing semiconductor equipment for global customers on Monday.
Nvidia faced a catastrophic 16.9% drop in its stock price today, its worst day on Wall Street since March 2020. The sell-off was caused by Chinese AI company
Advances in artificial intelligence by Chinese upstarts rattled US markets on Monday, with the threat of greater competition prompting a slide in shares of the biggest technology companies.
The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to regain ground following the
Japan's chip-related shares extended declines for a second day after DeepSeek triggered concerns over competitiveness in the artificial intelligence sector.
In addition to the expansion of Amazon DSP campaign management tools, Pacvue is also an official Amazon DSP Reseller. As a reseller, Pacvue offers businesses access to Amazon DSP capabilities, empowering advertisers with the tools and support needed to maximize their digital advertising impact.
Monday's selloff was the result of a free AI assistant launched by Chinese startup DeepSeek, which had claimed that its models use less data at a fraction of the cost of services currently available. Even though there was scepticism over DeepSeek's cost claims, OpenAI CEO Sam Altman called it an "impressive model".
Cramer further elaborated that President Trump’s public statements often feel like a non-stop “lightning round” of buys and sells. Wall Street, he said, enjoys the energy and excitement that comes with Trump’s rapid-fire ideas, even if they don’t always lead to actionable investment opportunities.