Wedbush Securities Managing Director Daniel Ives says Nvidia’s stock plunge over the new Chinese AI model was an “overreaction”. A new artificial intelligence chatbot created by Chinese ...

U.S. tech stocks tumbled Monday after a small Chinese artificial intelligence startup said it can compete with the likes of ChatGPT and other U.S.-based AI models at a fraction of the cost.

But Wedbush analyst Daniel Ives isn't buying the panic, calling this sell-off "another golden buying opportunity" rather than a real threat to the AI revolution. According to DeepSeek, was built ...