The DeepSeek news is the “perfect time” for some bulls to take profit on names like Hong Kong-listed Semiconductor Manufacturing International and Hua Hong Semiconductor, says Morningstar.

Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom.

That is because the electric-car battery giant, commonly known as CATL, recently offered a mere 0.2 percent base underwriting fee to bankers, plus possible incentives, according to people familiar with the matter.

Taiwan Semiconductor Manufacturing Co logged record quarterly profit on Thursday and said it expects robust revenue growth in the first three months of the year as demand surges for chips used in artificial intelligence processing.

Taiwan computer chip maker TSMC reported Thursday that its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom.

HONG KONG (AP) — Taiwan computer chip maker TSMC reported Thursday that its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom. HONG KONG (AP) — Taiwan computer ...

HONG KONG/NEW YORK -- U.S. markets dropped on Monday morning, lead by plunging shares in semiconductor companies after China's DeepSeek shook confidence in the U.S. ability to lead the ongoing artificial intelligence boom.

Anyone who has been around in PC gaming for a long time will know that every time a new high-end graphics card gets launched, supply is never enough to meet demand. In the case of the GeForce RTX 5090, board partner MSI says that its cards will have limited availability and it's down to an insufficient number of GB202 GPUs from Nvidia.

Chinese artificial intelligence (AI) start-up DeepSeek’s (深度求索) eponymous AI assistant rocketed to the top of Apple Inc’s iPhone download charts, stirring doubts in Silicon Valley about the strength of the US’ technology lead. The app’s underlying AI model is widely seen as competitive with OpenAI and Meta Platforms Inc’s latest.

As of noon in New York, shares in Nvidia were down about 16% while Taiwan Semiconductor Manufacturing Co. saw its stock fall around 14%. The sell-off put the technology-heavy Nasdaq down 3% while the S&P 500 slipped 1.8%.

The news that a Chinese start-up has created an artificial intelligence bot to rival ChatGPT at a fraction of the cost is spearheading stock losses across the globe on Monday. Not even China was exempt.

A slew of artificial intelligence stocks, including chip maker Nvidia, are tumbling in intraday trading Monday after Chinese startup DeepSeek released a cutting-edge AI model that runs on less-advanced chips and at a lower cost than U.