Nvidia stock rose early Wednesday after President Donald Trump sent another signal to markets that artificial intelligence would be a priority under his new administration. The absence of Nvidia CEO Jensen Huang at the inauguration Monday stuck out as Big Tech CEOs thronged to the event.

A week after the inauguration, the Chinese AI startup DeepSeek wiped billions from the fortunes of some of America's wealthiest tech billionaires.

Nvidia stock rose modestly early Friday as investors digested a raft of mixed news over the past few days. Shares were up 0.1% to $147.34 in premarket trading. It closed almost flat Thursday after starting the day in the red as a fresh outlook from supplier SK Hynix cast doubt over future demand for its products.

Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.

A leading tech expert has demanded US President Donald Trump ban new Chinese artificial intelligence start-up DeepSeek that has rocked the tech world and wiped almost $1 trillion from the US stock market.

Among the biggest market drivers over the past couple of years have been the developments in the artificial intelligence (AI) industry. In simplest terms, AI's advanced algorithms

Chinese startup DeepSeek has caused a massive stir in the AI world, with Donald Trump looking set for another TikTok-style headache amid concerns over DeepSeek's competitive edge and privacy policies. Newsweek has contacted the Trump-Vance administration and DeepSeek, via email, for comment.

New Delhi: Aam Aadmi Party (AAP) National Convener Arvind Kejriwal addresses supporters during an election campaign rally ahead of the Delhi Assembly polls, in New Delhi, Wednesday, Jan. 22, 2025. (Photo: PTI)

The Chinese artificial intelligence startup's chatbot surged to become the most downloaded free app on Apple's US App Store, displacing OpenAI's ChatGPT and rattling America's tech sector.

Japanese tech firms sank Tuesday after a sell-off in US titans following news of China's DeepSeek chatbot, while the dollar rallied on a report saying Washington was considering universal tariffs on a range of goods.

Trump calls Chinese startup DeepSeek's cheaper AI methods "a positive," as U.S. tech stocks plunge amid market sell-off.