AI market News

AMD Shares Plunge 9% Amid Concerns Over Slowing Data Center Growth and AI Market Competition

AMD shares fell 9% after reporting a disappointing 14% growth in data center revenue, raising concerns about its position in the AI market despite strong overall earnings.

ASML Holdings Faces 8% Stock Drop Amid DeepSeek's AI Market Disruption

ASML Holding NV's stock dropped over 8% following the launch of DeepSeek's R1 model, a Chinese AI startup that has outperformed Western giants like OpenAI's ChatGPT in key metrics,...