DeepSeek Hit Energy Stocks Like Vistra. Many Are Still Pricey.
The emergence of Chinese artificial-intelligence company DeepSeek raises a simple question that has clobbered energy stocks tied to the AI boom: What if AI can run sophisticated models without using so much energy?
Energy Stocks Linked to AI Boom Dragged Lower by DeepSeek
Constellation Energy, the biggest U.S. producer of nuclear power, dropped 17% in late morning trading Monday. Nuclear-heavy power company Vistra Energy, Nano Nuclear Energy and Vertiv Holdings--which provides cooling and energy management for data centers--each lost about a fifth of their market value, as did power-turbine maker GE Vernova.
Uranium stocks tumble as DeepSeek raises doubts about AI energy demand
Uranium stocks like Paladin Energy, Deep Yellow and Lotus Resources opened 10-20% lower on Tuesday after China's DeepSeek suggests AI can be done at a fraction of the cost DeepSeek claims its large language model operates at ~95% lower costs than its US competitors,
Energy stocks tumble as DeepSeek's AI efficiency raises concerns
GE Vernova (NYSE: GEV), Vertiv (NYSE: VRT), Eaton Corporation (NYSE: NYSE:ETN), Amphenol (NYSE: NYSE:APH), NuScale Power Corporation (NYSE: SMR), and Constellation Energy (NASDAQ:CEG) Group, Inc. (NASDAQ: CEG) experienced significant declines in the trading session,
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.
Nuclear stocks tank as energy names get caught in DeepSeek-fueled rout
Nuscale Power Corp, one of the market's best-performing nuclear energy stocks in 2024, dropped as much as 24%. Vistra Corp, ...
1 Artificial Intelligence (AI) Stock That Could Be a Once-in-a-Decade Opportunity
The transformative power of artificial intelligence (AI) is undeniable. A recent McKinsey & Company research report estimates ...
Why These AI Power Stocks Plunged on Monday
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.
Power stocks plunge as energy needs called into question because of new China AI lab
The debut of China's DeepSeek AI lab is raising doubts about the billions of dollars the tech sector is investing in data ...
Energy Transfer: Powered By AI's Soaring Energy Demand
Energy Transfer LP is well positioned to capitalize on the rising energy demand driven by AI data centers and favorable US ...
AI-exposed power stocks rebound after DeepSeek release casts 'uncertainty' over industry
AI-exposed power stocks attempted a rebound Tuesday after getting crushed over worries of less-than-expected energy demand.
What Is DeepSeek? What to Know About the Chinese AI Startup That Spurred a Stock Selloff
Here’s what you need to know about DeepSeek, the Chinese AI startup that rattled markets as its app dethroned OpenAI's as the ...
Why Bloom Energy Stock Crashed More Than 25% Today
China's DeepSeek artificial intelligence (AI) start-up has rattled investors in U.S. stocks with an AI data center link.
Tech stocks fall as China's DeepSeek sparks U.S. worries about the AI race
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 ...
It's not just Nvidia: These under-the-radar winners of the AI revolution have been hit by DeepSeek mania
Investors spent much of 2024 looking for less crowded trades set to gain from the AI boom. This week, many of those names got ...