Move over ChatGPT, there's a new contender to the throne. Chinese startup DeepSeek AI blasted its way to the top of Apple's App Store this week, hammering U.S. tech stocks in the process — and reacting to the news on The Daily Show, Jon Stewart was shocked and appalled.

Tengler Investments spoke to Arizona's Family's Scott Pasmore about Deepseek's impact on the U.S. Stock Market.

Robby Soave and Niall Stanage discuss the new Chinese generative A-I model DeepSeek and it's implications on the US tech industry. #China #Trump #DeepSeek

A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and fueling debates over the economic and geopolitical competition between the U.

The market reaction proved particularly severe for Nvidia (NASDAQ: NVDA), with shares plummeting and erasing half a trillion in market cap at the time of this writing. To put this staggering figure in perspective,

Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China's DeepSeek spooked Wall Street, with bets against Nvidia yielding record profits totaling more than $6 billion.

Other technology stocks trading at relatively low valuations to historical levels include Micron, Super Micro and Workday.