U.S.-listed shares of tech giants are gaining some lost ground this morning after a China-based startup shocked the AI world with a powerful LLM. Yesterday, shockwaves rippled across the American tech industry after news spread over the weekend about a powerful new large language model (LLM) from China called DeepSeek.

Synaptics ® Incorporated (Nasdaq: SYNA) announced it has accelerated its Edge AI strategy by signing a definitive licensing agreement with Broadcom that includes Wi-Fi ® 8, ultra-wideband (UWB), Wi-Fi 7,

Needham analyst Quinn Bolton has maintained their bullish stance on SYNA stock, giving a Buy rating on January 22.Invest with Confidence:

An analyst at Barclays increased their price target for Broadcom from $205 to $260. This new target price suggests a potential 10% increase in the stock price. Barclays continues to recommend a ...

Nvidia, which has become one of the largest-valued companies due to its AI chips, dropped 16.9%, nearly $600 billion -- the largest single-day drop in U.S. history.

The tech industry has had an insatiable appetite for Nvidia’s chips over the last two years. But the feast may be over sooner than many had expected.

The S&P 500 growth index, which is heavily populated by tech stocks, dropped about 3.6% on Monday, while the counterpart value stock index rose nearly 1%. That was the biggest one-day percentage point advantage for value stocks over growth in the roughly 30 years of data on record, according to LSEG data.

Nvidia and other U.S. tech stocks are skittish after tumbling on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured into it.

Shares of fabless chip and software maker Broadcom (NASDAQ ... Chinese artificial intelligence startup DeepSeek released a new large language model (DeepSeek-R1) that ranks competitively on ...