Nvidia's Frankfurt-listed rose 2.7% in early trading in Europe, having closed up 8.9% on Wall Street on Tuesday.

The emergence DeepSeek's suite of AI tools as possible challengers, not just to incumbents such as ChatGPT and OpenAI, but as a sign development costs may be dropping rapidly, battered AI-linked stocks on Monday, wiping billions in market value off Nvidia, as well as other technology companies.

Nvidia shares fell 17% on Monday, which cost the company almost $600 billion in market value, the largest single-day drop in market capitalisation for any company on record.

--Reuters--