DeepSeek’s much-anticipated launch is reigniting fears on Wall Street that the Chinese AI startup’s rise could again hinge on alleged improper use of U.S. technology. Washington and U.S. rivals have previously accused DeepSeek of benefiting from questionable sources, and traders are now watching whether the latest momentum triggers market volatility and renewed scrutiny.
US lawmakers have revised a bill meant to limit China’s access to advanced chipmaking equipment. While the measure is adjusted from an earlier draft, it still targets ASML’s deep ultraviolet lithography systems. The bill is designed to match broader international technology-control rules, after manufacturers flagged concerns about the original version. A House Foreign Affairs Committee vote is set next week.
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After tariffs fail to cool tensions, the US is accusing China of stealing AI intellectual property, pushing rivalry into a more dangerous tech and security arena. Analysts warn the dispute could hit chip sales and widen competition for control of AI capabilities. China is narrowing performance gaps, while the US faces the challenge of aligning private innovation with national security.
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