DeepSeek said on its website: “Due to large-scale malicious attacks on DeepSeek’s services, we are temporarily limiting registrations to ensure continued service. Existing users can log in as usual. Thanks for your understanding and support.” Shares of Nvidia (NVDA) are down 16% to $120.00 in late morning trading amid concerns over DeepSeek’s ability to build its large language model with lower priced chips.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- Why These Five-Star Analysts Argue that DeepSeek’s LLM Will Boost Demand for GPUs
- S&P 500 Hammered by DeepSeek AI Release
- Quantum Computing Stocks D-Wave Quantum (NYSE:QBTS) and Rigetti Computing Hammered by DeepSeek Tech Rout
- Nasdaq 100 Dives As DeepSeek Damages AI Stocks
- Street sees ‘golden buying opportunity’ in tech amid DeepSeek selloff