TOKYO: Japanese tech stocks fell on Tuesday (Jan 28) following a plunge in US tech stocks driven by the emergence of a

Stock markets and the tech industry were still reeling Tuesday after the emergence of Chinese newcomer DeepSeek rattled America's sense of superiority in the field of artificial intelligence (AI).

TOKYO, Jan. 29 (Xinhua) -- Tokyo stocks rebounded on Wednesday, tracking gains in the U.S. stock market, although caution remained ahead of the U.S. Federal Open Market Committee (FOMC) meeting. The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed up 397.91 points, or 1.02 percent, to end at 39,414.78.

Tokyo stocks ended mixed Monday as banks lifted on hopes for improved profits, while technology issues dropped on fears that U.S. dom

Tokyo Electron made 41.3% of net sales in China in the quarter, compared to 49.9% in the previous quarter, with sales growing in North America and Japan. (Bloomberg) -- Key US lawmakers urged ...

Wall Street is in turmoil with US tech giants bracing for significant losses as the stock market plummeted this morning, following the unexpected emergence of a Chinese rival in the AI chatbot space.

Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial intelligence model wobbled investors' faith in the profitability of AI and the sector's voracious demand for high-tech chips.

The recovery came after US chipmaker Nvidia closed up 9 per cent on Tuesday, recouping some of the heavy losses that wiped $600bn off its market capitalisation at the start of the week, when investors fretted over the threat from China’s DeepSeek to the US supremacy in artificial intelligence.

Shares in Nvidia, whose semiconductors power the AI industry, fell nearly 17 percent on Wall Street, erasing nearly $600 billion of its market value.

Asian shares are trading mixed after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy.

DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.

Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.