Yahoo Finance

Nvidia dives on DeepSeek, drags down Nasdaq: Yahoo Finance

Nvidia (NVDA) shares are falling steeply in midday trading. The chip giant and cohorts like Broadcom (AVGO) and Taiwan Semiconductor Manufacturing Company (TSM) are being dragged lower by the rise of China-based DeepSeek, which says it has built an AI model more cheaply than rivals. The chip sector’s woes are weighing on the Nasdaq Composite (^IXIC), which has fallen more than 3% in the day’s trading. Other trending tickers on Yahoo Finance include Vistra (VST), Meta Platforms (META), and AT&T (T).