{"id":57097,"date":"2025-12-10T08:09:00","date_gmt":"2025-12-10T12:09:00","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/global-markets-grapple-with-ai-chip-allegations-economic-shifts-and-major-corporate-deals\/57097\/"},"modified":"2025-12-10T08:09:00","modified_gmt":"2025-12-10T12:09:00","slug":"global-markets-grapple-with-ai-chip-allegations-economic-shifts-and-major-corporate-deals","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-grapple-with-ai-chip-allegations-economic-shifts-and-major-corporate-deals\/57097\/","title":{"rendered":"Global Markets Grapple with AI Chip Allegations, Economic Shifts, and Major Corporate Deals"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-grapple-with-ai-chip-allegations-economic-shifts-and-major-corporate-deals\/57097\/#Key_Takeaways\" >Key Takeaways<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-grapple-with-ai-chip-allegations-economic-shifts-and-major-corporate-deals\/57097\/#AI_Chip_Controversy_Heats_Up_with_DeepSeek_Allegations\" >AI Chip Controversy Heats Up with DeepSeek Allegations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-grapple-with-ai-chip-allegations-economic-shifts-and-major-corporate-deals\/57097\/#Mortgage_Applications_Surge_Amidst_Stable_Rates\" >Mortgage Applications Surge Amidst Stable Rates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-grapple-with-ai-chip-allegations-economic-shifts-and-major-corporate-deals\/57097\/#US_Navy_Taps_Palantir_for_Shipbuilding_Modernization\" >U.S. Navy Taps Palantir for Shipbuilding Modernization<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-grapple-with-ai-chip-allegations-economic-shifts-and-major-corporate-deals\/57097\/#Paramount_Group_Rejects_Higher_Bid_Reaffirms_Rithm_Capital_Merger\" >Paramount Group Rejects Higher Bid, Reaffirms Rithm Capital Merger<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-grapple-with-ai-chip-allegations-economic-shifts-and-major-corporate-deals\/57097\/#Amazon_Expands_Same-Day_Perishable_Grocery_Delivery\" >Amazon Expands Same-Day Perishable Grocery Delivery<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-grapple-with-ai-chip-allegations-economic-shifts-and-major-corporate-deals\/57097\/#Shell_Navigates_Caspian_Oil_Venture_Amidst_Sanctions\" >Shell Navigates Caspian Oil Venture Amidst Sanctions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-grapple-with-ai-chip-allegations-economic-shifts-and-major-corporate-deals\/57097\/#Mollie_Nears_Deal_for_UK_Fintech_GoCardless\" >Mollie Nears Deal for UK Fintech GoCardless<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-grapple-with-ai-chip-allegations-economic-shifts-and-major-corporate-deals\/57097\/#GE_Aerospace_Secures_Orders_for_Naval_Destroyers\" >GE Aerospace Secures Orders for Naval Destroyers<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Chinese AI startup <strong>DeepSeek<\/strong> is reportedly using banned <strong>Nvidia<\/strong> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) Blackwell chips, some allegedly smuggled into China, for its next-generation AI models, prompting U.S. investigations into potential export control violations.<\/li>\n<li>U.S. <strong>MBA Mortgage Applications<\/strong> saw a significant <strong>4.8%<\/strong> week-over-week increase, reversing a previous decline, even as the 30-year mortgage rate edged up to <strong>6.33%<\/strong>.<\/li>\n<li>The <strong>U.S. Navy<\/strong> has partnered with <strong>Palantir<\/strong> (<a href=\"\/stock\/PLTR\">PLTR<\/a>) in a <strong>$448 million<\/strong> initiative, &quot;ShipOS,&quot; to modernize its shipbuilding supply chain and accelerate the construction of next-generation submarines.<\/li>\n<li><strong>Paramount Group Inc.<\/strong> (<a href=\"\/stock\/PGRE\">PGRE<\/a>) reaffirmed its board&#39;s recommendation for the <strong>Rithm Capital Corp.<\/strong> merger, rejecting a December 8th proposal from an alternative &quot;Sponsor A&quot; for <strong>$6.95 per share<\/strong>, citing <em>lower price and terms<\/em> compared to the existing <strong>$6.60 per share<\/strong> Rithm offer.<\/li>\n<li><strong>Amazon<\/strong> (<a href=\"\/stock\/AMZN\">AMZN<\/a>) is significantly expanding its same-day perishable grocery delivery service, now reaching over <strong>2,300 cities and towns<\/strong>, with further growth anticipated in 2026.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"AI_Chip_Controversy_Heats_Up_with_DeepSeek_Allegations\"><\/span>AI Chip Controversy Heats Up with DeepSeek Allegations<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Chinese AI firm <strong>DeepSeek<\/strong> is under scrutiny for allegedly utilizing banned <strong>Nvidia<\/strong> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) Blackwell chips in the development of its upcoming AI models. Reports indicate that some of these restricted chips may have been smuggled into China, a move that would circumvent stringent U.S. export controls aimed at limiting China&#39;s access to advanced semiconductor technology. The U.S. government is reportedly investigating these claims, which highlight ongoing challenges in enforcing technology restrictions and the persistent demand for high-performance AI hardware in the Chinese market.<\/p>\n<p>DeepSeek has previously stated it used Nvidia&#39;s H800 chips, which were designed to comply with earlier export regulations. However, the advanced capabilities demonstrated by DeepSeek&#39;s latest models have fueled speculation that the company may have acquired more powerful, restricted components through indirect channels, possibly involving intermediaries in regions like Singapore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Mortgage_Applications_Surge_Amidst_Stable_Rates\"><\/span>Mortgage Applications Surge Amidst Stable Rates<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In key economic news, <strong>U.S. MBA Mortgage Applications<\/strong> surged by <strong>4.8%<\/strong> week-over-week for the period ending December 5, effectively reversing a prior <strong>-1.4%<\/strong> decline. This notable increase in application volume occurred despite a slight uptick in the average contract interest rate for 30-year fixed-rate mortgages, which rose marginally to <strong>6.33%<\/strong> from <strong>6.32%<\/strong> the previous week. The data suggests a renewed interest in the housing market, potentially driven by various underlying factors despite the consistent, albeit slightly higher, borrowing costs.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"US_Navy_Taps_Palantir_for_Shipbuilding_Modernization\"><\/span>U.S. Navy Taps Palantir for Shipbuilding Modernization<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The <strong>U.S. Navy<\/strong> has forged a significant partnership with data analytics firm <strong>Palantir Technologies<\/strong> (<a href=\"\/stock\/PLTR\">PLTR<\/a>) to enhance its shipbuilding capabilities. Under the new &quot;ShipOS&quot; initiative, authorized for up to <strong>$448 million<\/strong>, Palantir will deploy its Foundry and Artificial Intelligence Platform (AIP) across the nation&#39;s Maritime Industrial Base. The collaboration aims to modernize the shipbuilding supply chain, identify bottlenecks, and accelerate the construction of critical next-generation vessels, including Virginia- and Columbia-class submarines, which have faced delays and cost overruns.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Paramount_Group_Rejects_Higher_Bid_Reaffirms_Rithm_Capital_Merger\"><\/span>Paramount Group Rejects Higher Bid, Reaffirms Rithm Capital Merger<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Paramount Group Inc.<\/strong> (<a href=\"\/stock\/PGRE\">PGRE<\/a>) announced that its board of directors has reaffirmed its recommendation for shareholders to approve the previously proposed merger with <strong>Rithm Capital Corp.<\/strong>. This decision comes after the board rejected an unsolicited December 8th proposal from an entity identified as &quot;Sponsor A,&quot; which offered to acquire Paramount shares for <strong>$6.95 per share<\/strong>. Despite the higher per-share price compared to Rithm Capital&#39;s <strong>$6.60 per share<\/strong> offer, the board determined that Sponsor A&#39;s proposal was &quot;not reasonably likely to lead to a superior proposal&quot; due to <em>lower price and terms<\/em> overall, as detailed in an SEC filing. Sponsor A&#39;s offer included a <strong>$1.56 billion<\/strong> equity financing plan for the acquisition.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Amazon_Expands_Same-Day_Perishable_Grocery_Delivery\"><\/span>Amazon Expands Same-Day Perishable Grocery Delivery<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Amazon<\/strong> (<a href=\"\/stock\/AMZN\">AMZN<\/a>) is making significant strides in its grocery delivery services, announcing a major expansion of its same-day perishable grocery delivery. The service now spans over <strong>2,300 cities and towns<\/strong>, offering a wider reach for customers to receive fresh groceries within hours. The e-commerce giant anticipates additional growth in this sector throughout 2026, signaling a strategic focus on strengthening its position in the competitive online grocery market.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shell_Navigates_Caspian_Oil_Venture_Amidst_Sanctions\"><\/span>Shell Navigates Caspian Oil Venture Amidst Sanctions<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Shell<\/strong> (<a href=\"\/stock\/SHEL\">SHEL<\/a>) is reportedly seeking to dissolve its Caspian CPC oil venture with Russian energy giant <strong>Rosneft<\/strong>, though it is <em>not<\/em> looking to sell its stake in the Caspian Pipeline Consortium (CPC). Russian President Vladimir Putin recently issued a decree allowing for potential deals related to the <strong>Rosneft-Shell Caspian Ventures&#39; 7.5% stake<\/strong> in the CPC, which exports a significant portion of Kazakhstan&#39;s crude oil. This development occurs in the context of international sanctions against Russian entities, adding complexity to the future of the joint venture.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Mollie_Nears_Deal_for_UK_Fintech_GoCardless\"><\/span>Mollie Nears Deal for UK Fintech GoCardless<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Blackstone<\/strong>-backed fintech firm <strong>Mollie<\/strong> is reportedly nearing a deal to acquire UK fintech company <strong>GoCardless<\/strong>. GoCardless, which was valued at <strong>$2.1 billion<\/strong> in 2022, specializes in direct debit and payment processing solutions. This potential acquisition highlights the ongoing consolidation within the fintech sector as companies seek to expand their services and market reach across Europe and beyond.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"GE_Aerospace_Secures_Orders_for_Naval_Destroyers\"><\/span>GE Aerospace Secures Orders for Naval Destroyers<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>GE Aerospace<\/strong> (<a href=\"\/stock\/GE\">GE<\/a>) has secured new orders for its <strong>LM2500 marine gas turbines<\/strong>, which will power the <strong>U.S. Navy&#39;s next two Flight III Arleigh Burke-class destroyers<\/strong>. The company will supply <strong>eight LM2500 engines<\/strong> for these advanced naval vessels, continuing its long-standing role in providing propulsion systems for the U.S. Navy&#39;s fleet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Chinese AI startup DeepSeek is reportedly using banned Nvidia (NVDA) Blackwell chips, some allegedly smuggled into China, for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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