Trump calls DeepSeek a wake-up call for America
The US president put a positive spin on the success of the Chinese AI software that sent US tech stocks into a tailspin.
‘A wake up call for America’: What market observers are saying about China’s DeepSeek
“The selloff in Japan and U.S. tech names should not be a surprise given high valuations based on P/E and P/B ratios. With the current rate of P/E priced for some U.S. and Japan tech names, the market is expecting future earnings to continue to justify the high prices of these tech names. That is definitely a high expectation to meet.”
Trump says DeepSeek should be a 'wake-up call' for tech giants
President Donald Trump said the Chinese AI startup DeepSeek's ability to train AI more cheaply is a "positive" development and should be a "wake-up call" for tech industries. Trump's comments followed DeepSeek's ascension to the top of Apple's free downloads chart,
Trump: DeepSeek's AI Should Be a Wakeup Call to US Industry
U.S. President Donald Trump said on Monday that Chinese startup DeepSeek's technology should be a wakeup call for American companies and said it was good that companies in China have come up with a faster method of artificial intelligence.
Trump calls China’s DeepSeek AI app a ‘wake-up call’ after tech stocks slide
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker Nvidia shed $589 billion in market capitalization.
Trump says China's DeepSeek AI ‘should be a wake-up call’ for American tech companies
President Donald Trump said Monday that the sudden rise of Chinese AI app DeepSeek “should be a wake-up call” for America’s tech companies.
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DeepSeek a 'wake-up call' for US tech firms, warns Trump
Nvidia's market value dropped more than $500bn after the emergence of DeepSeek - a low-cost chatbot built by a Chinese AI firm.
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