US stocks dropped sharply Monday — and chipmaker Nvidia lost nearly $600 billion in market value — after a surprise advancement from a Chinese artificial intelligence company, DeepSeek ... US-listed shares of tech giants Nvidia, TSMC, and others are gaining some lost ground after China's DeepSeek rattled stock markets. DeepSeek is a privately held Chinese company that developed a low-cost AI model called R1, which rivals ChatGPT. Learn how to invest in DeepSeek stock, its founder, its challenges, and its potential impact on Nvidia. US stocks dropped sharply Monday — and chipmaker Nvidia lost nearly $600 billion in market value — after a surprise advancement from a Chinese artificial intelligence company, DeepSeek ...