US President Trump administration senior official says Chinese AI startup DeepSeek's latest AI model was trained on NVIDIA's (NVDA) most-advanced AI chip, the Blackwell, despite the US export controls, according to Reuters
The news regarding DeepSeek's AI model trained on NVIDIA's advanced chip raises significant concerns about U.S.-China technology competition and export controls.
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: United Overseas Bank (UOB SP) Q4 (SGD) net profit fell 7% Y/Y to 1.41bln, total income declined 5% to 3.29bln, NII fell 4% to 2.35bln
Japan's Trade Minister Akazawa held a phone conversation with US Commerce Secretary Lutnik on Monday, and both sides affirmed investment plans in the call
US President Trump administration senior official says Chinese AI startup DeepSeek's latest AI model was trained on NVIDIA's (NVDA) most-advanced AI chip, the Blackwell, despite the US export controls, according to Reuters
[MARKET UPDATE] Asia-Pac stocks eke slight gains in early rangebound trade as the region attempts to shrug off the weak lead from Wall St, where sentiment was weighed on by trade uncertainty and AI disruption concerns
Australia sells AUD 1.2bln 4.25% March 2036 bonds, b/c 2.71, avg. yield 4.6969%
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If confirmed, this may prompt further U.S. regulatory scrutiny and impact market sentiment regarding tech stocks, particularly in semiconductors and AI sectors. Traders should monitor geopolitical tensions and potential ramifications for NVIDIA and broader market equities as this story develops.
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