Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.
A company called DeepSeek said it had developed a large language model that can compete with U.S. AI giants but at a fraction of the cost.
DeepSeek has rattled the US stock market and Nvidia felt the maximum heat as S&P 500 tech sector witnessed a big drop.
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Shares of Nvidia took a dramatic hit on Monday, marking the company's worst day since the global market sell-off triggered
While the demand is there, it's clear that's not the sole reason why Nvidia's RTX 50 series is impossible to find in stores. Many retailers received fairly low stock quantities, as Nvidia reportedly experienced manufacturing issues.
Dell just launched its new Alienware Area-51 lineup of gaming PCs today. Currently, it's available in only two configurations - both paired with an Intel Core Ultra 9 285K and GeForce RTX 5080 GPU - starting at a bonkers price of $4,449.99. Don't expect to get it right away either; Dell estimates this system to arrive at door by April 22.
The buildings that Nvidia has agreed to buy from affiliates of Sobrato Organization have addresses of 2701, 2711, 2721 and 2731 San Tomas Expressway, the county public files show. An adjacent parking garage at 2741 San Tomas Expressway is also included in the purchase deal.
Strong buying by retail investors during Monday's market slide indicates institutional investors drove the tech-sector selloff, JPMorgan says.
Technology stocks were dragging down the major indexes ahead of a gauntlet of key earnings reports. The S&P 500 was down 0.4% even though 280 stocks within the index were on track to close higher. A majority of the 11 major sectors were rising,
Technology stocks were dragging down the major indexes ahead of a gauntlet of key earnings reports. It would be rising solidly if not for Nvidia, down 4.9%, Salesforce, down 1.6%, and Microsoft, down 1.
Naughty Dog has updated the PC version of The Last of Us Part 1 this week, offering support for AMD FSR3.1 Super Resolution and AMD FSR3.1 Frame Generation. Beyond that, there’s also a couple of general fixes for the game,