Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s most influential companies, but drops for Nvidia and Microsoft are keeping the market in check.

Chinese startup DeepSeek reportedly built a sophisticated AI model while using fewer, less powerful Nvidia GPUs than U.S. companies. DeepSeek trained its model very efficiently, but some analysts see that as a positive development that will boost demand for Nvidia GPUs.

Rebounding tech stocks drove U.S. indexes higher Tuesday, a day after they tumbled on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured

NVIDIA (NASDAQ: NVDA) shares surged 8.8% Tuesday, recovering from a sharp sell-off linked to DeepSeeks claims, which wiped $589 billion off the AI chip giants market value. The rebound came as Wall Street analysts

Chinese startup DeepSeek published a research paper in which it claimed to have trained a large language model rivaling the performance of leading U.S. models, while spending much less money than U.S.