The U.S. technology sector, especially, the artificial intelligence (AI) space, is crawling back to normalcy after the DeepSeek-led rout on Monday. DeepSeek raised questions particularly on AI infrastructure developers like chipset manufacturers,
A slew of stocks, including chip maker Nvidia, fell Monday after Chinese startup DeepSeek released an AI model that runs on less-advanced chips and at a lower cost than U.S. rivals.
Discover how the $500 billion AI infrastructure initiative by OpenAI, SoftBank, Oracle, and MGX is creating investment opportunities in multiple sectors.
The sell-off sends names like Broadcom (AVGO) and Marvell Technology (MRVL) tumbling while other AI plays, such as Oklo (OKLO) and Constellation Energy (CEG) see double-digit declines. The news ...
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AI-related stocks have been Wall Street’s biggest stars in recent years, soaring on expectations that big spending will only continue to grow. China’s DeepSeek busted that
Other AI-related companies also held steadier, including chip company Broadcom, which rose 2.6%. Constellation Energy picked up 1.4% after plummeting nearly 21% on Monday. It had earlier rallied on expectations it will help supply the electricity that vast AI data centers would gobble up.
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?
AI's impact on electricity demand is uncertain with the emergence of DeepSeek, causing confusion among investors and leading to a sell-off in power stocks. Less sensitive ETFs include XLU, RSPU, and GRID.
BofA lowered the firm’s price target on Constellation Energy (CEG) to $366 from $380 and keeps a Buy rating on the shares. Constellation and
In a report released today, Ross Fowler from Bank of America Securities reiterated a Buy rating on Constellation Energy Corporation (CEG –
More gas-fired power deals are expected, with potential PE sellers including Avenue Capital, ArcLight Capital and LS Power.