US Probes If DeepSeek Evaded Export Rules for Nvidia Chips
Photographer: Andrey Rudakov/Bloomberg
Good morning. US officials question whether DeepSeek dodged chip restrictions. Mexico and Canada brace for Donald Trump’s much-hyped tariffs. And you may want to stock up on avocados. Listen to the day’s top stories.
US officials are probing whether Chinese AI startup DeepSeek dodged US export curbs on advanced Nvidia chips by buying them through third parties in Singapore, people familiar said. The performance of DeepSeek’s recently released R1 chatbot, which suggests that China is further ahead in the AI race than previously believed, has prompted rivals to speculate whether it was built on the back of Western technology. Either way, the latest Bloomberg Markets Live survey found that investors see limited scope for it to dent the performance of the US’s Magnificent Seven tech stocks.