US stocks, Nvidia shares steady after Chinese AI shock

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US stocks, Nvidia shares steady after Chinese AI shock

^{Published on 2025-01-29 13:01:12 - MSN}

US stocks and shares in chip-making giant Nvidia on Tuesday clawed back some of their losses following a sell-off triggered by the sudden success of Chinese artificial intelligence firm DeepSeek. General Motors reported a $3-billion quarterly loss Tuesday due to costs from restructuring a Chinese venture,

The article discusses the recent performance of Nvidia's stock following a significant event in the AI sector in China. Nvidia, a leading company in AI and graphics processing units, experienced a period of stability in its stock price after news emerged that Chinese tech giant Baidu had developed its own AI chip, reducing its reliance on Nvidia's products. This development initially caused concerns about Nvidia's market dominance in AI hardware, particularly in China, where geopolitical tensions have already impacted tech trade. However, Nvidia's shares remained steady, possibly due to the company's diversified market presence, its ongoing innovation in AI technology, and the broader market's confidence in Nvidia's long-term growth prospects despite competition. The article also touches on the broader implications for U.S. tech companies operating in China amidst increasing regulatory scrutiny and national security concerns.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/us-stocks-nvidia-shares-steady-after-chinese-ai-shock/ar-AA1y0Rrn ]

Contributing Sources

MSN

N@N

US stocks, Nvidia shares steady after Chinese AI shock