DeepSeek shows AI-related power demand can slow. Here's why energy stocks are tumbling on Monday.
Just as much as chip stocks were getting hammered after Chinese startup DeepSeek's AI progress sent the broader market into a tailspin on Monday, shares of companies powering the AI revolution were plunging as investors questioned data centers' actual power demand.
The transformative power of artificial intelligence (AI) is undeniable. A recent McKinsey & Company research report estimates ...
Nuscale Power Corp, one of the market's best-performing nuclear energy stocks in 2024, dropped as much as 24%. Vistra Corp, ...
Shares of nuclear power providers tumbled on Monday as markets reacted to the success of a Chinese startup’s AI model that challenges the performance of the most advanced American models.
The debut of China's DeepSeek AI lab is raising doubts about the billions of dollars the tech sector is investing in data ...
AI-exposed power stocks attempted a rebound Tuesday after getting crushed over worries of less-than-expected energy demand.
Shares of Apple charged higher on Monday, bucking the trend as its large-cap tech peers tumbled on concerns about ...
An AI chatbot developed by China’s DeepSeek rose to the top of the Apple App Store on Monday, surpassing ChatGPT. DeepSeek ...
China's DeepSeek artificial intelligence (AI) start-up has rattled investors in U.S. stocks with an AI data center link.
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 ...
Investors spent much of 2024 looking for less crowded trades set to gain from the AI boom. This week, many of those names got ...
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