According to a spokesperson for China’s parliament, DeepSeek’s progress is a reflection of the rise of Chinese companies in artificial intelligence (AI). Lou Qinjian, responding to a question on China’s progress in AI, has deemed DeepSeek’s achievement as “commendable”, Reuters reported.

It’s probably going to be a long time before Nvidia (NASDAQ:NVDA) stock has a chance to split again. With shares back in bear market territory, the name may be at risk of falling back to the double-digits in short order.

U.S. stocks are falling Thursday, led by AI superstars that are now feeling the painful downside of big expectations. The S&P 500 was down 0.7% in morning trading, resuming its slide after a mini-recovery from the prior day helped it claw back some of its sharp drop over recent weeks.