DeepSeek Has Used Banned Nvidia Chips: Report; Cracker Barrel Slides; GameStop Falls on Earnings
On this episode of Stock Movers:- Chinese artificial intelligence startup DeepSeek has relied on Nvidia Corp. chips that are banned in the country to develop an upcoming AI model, according to a new report in The Information. - Cracker Barrel (CBRL) shares drop after the casual dining chain reported weaker-than-expected sales results for its first quarter, and cut its annual sales and profit guidance. Traffic declined 7.3% in the quarter, and is even worse so far this period. - GameStop (GME) shares slide after the video-game retailer reported net sales for the third quarter that declined…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.