CNN
–
US shares fell sharply on Monday -and chip manufacturers, NVIDIA, threatened the invincible aura surrounding the American technology industry after surprising progress from DeepSeek, an artificial intelligence company in China. Lost nearly $ 600 billion.
One year ago, DeepSeek, last week, revealed a stunning function. It presented an AI model like Chatgpt with all familiar abilities. Model. The company stated that US companies spent only $ 5.6 million on the basic model computing power compared to hundreds of dollars or hundreds of millions of AI technology.
It sent a shock wave on Monday through the market, especially the high -techesol.
NASDAQ, which has a lot of high -tech, dropped 3.1 %, and a wider S & P 500 dropped by 1.5 %. Dow, which was boosted by healthcare and consumer companies that could be damaged by AI, rose 289 points, about 0.7 % higher. The loss in the stock market has become much deeper at the beginning of the day.
Meta said last week that it would spend more than $ 65 billion this year for AI development. Openai’s CEO Sam Altman last year, in order to support the development of tips needed to supply power to a hungry data center that operates a complex model of the sector. He stated that it would need a trillion dollar investment.
Mark and Leisen, a supporter of President Donald Trump and one of the world’s leading high -tech investors, is called Deepseek, one of the most surprisingly impressive breakthroughs I’ve ever seen. I called it.
The surprising result from a relatively unknown AI startup is that the United States has been more shocking, considering that the United States has restricted the supply of high -output AI chips to China for many years and quotes concerns about national security. It will be. In other words, DeepSeek has achieved a low -cost model with an unable AI chip.
US high -tech stocks were driven on Monday.
NVIDIA (NVDA), a major AI chip supplier, decreased by nearly 17 % and lost $ 588.8 billion. Meta almost three years ago.
From a perspective, NVIDIA lost much on Monday on Monday, except for 13 companies, more on market value -the period. NVIDIA has started a day as the most valuable stock trading stock in a market that exceeds $ 3.4 trillion after doubling in the past two years. It ended in third place after Apple and Microsoft.
Google’s parent company Meta (Meta) and Alphabet (Googl) have also decreased significantly. NVIDIA’s competitors Marvel, Broadcom, Micron, and TSMC all fell sharply. Oracle (ORCL), Vertiv, CONSTELLATION, NUSCALE, and other energy and data center companies have fallen.
According to the TRUIST analyst KEITH LERNER, Tech Stocks configures a considerable part of the market, so the Tech stock is about 45 % of S & P 500, reducing the wider stock market. I did it.
“The bottom line is that the US out -performance is being promoted by Tech and the leads that US companies have in AI,” said Lerner. “The development of the Deepseek model is to ask the investors to be spending and the leads that are spending by US companies and their expenditures lead to profits (or over -spending). ”
This week, their reactions to Deep Shek’s impact can lead to a turbulent market movement in the coming days and a few weeks to start a series of high -tech companies that report profits. In the past, investors have seen Chinese AI companies in detail.
“Chinese high -tech companies, including new entrants, such as DeepSeek, are trading at a significant discount due to weak geopolitical concerns and global demand,” said Saxo’s chief investment strategy, Charu. Chanana said. “The rise in Deepseek may provide a new alternative growth story, causing new investors’ interest in underestimated Chinese AI companies.”
The news also caused a major change in investing in non -technology companies in Wall Street.
Energy companies have been trading significantly in recent years for the huge amount of electricity necessary to supply the power of the AI data center. But they all plunged on Monday. Contellation Energy (CEG), a company behind the planned resurrection of the three -mile island nuclear power plant to supply AI power, has decreased 21 % on Monday. Competites such as Vistra (VST) have decreased by 28 %, and Ge Ververnova (GEV) has decreased 21 %.
Natural gas futures used for power generation of generators fell 5.9 %. Oil has fallen by more than 2 %.
Bitcoin and other cryptocurrencies have also fallen.
One achievement is Gobsmacking’s results, but it may not be enough to compete with the long -term progress of American AI leadership. And there is no large -scale customer shift to China’s startups. Therefore, the market selling may be a little overkill. Or maybe you were looking for excuses sold by investors.
“You can see over time whether DeepSeek’s threat is realistic. How technology works, how large Western players react, and the race continues to evolve.” The market was so satisfied with the beginning of the 2.0 ERA, and they were looking for excuses.
The industry also accepts the company with the word that costs are very low. No one really discusses it, but the market depends on the truth of a relatively unknown company.
Achieving cost reductions may be important, but the R1 model is a competitive company of Chatgpt and a large -scale language model for consumers. At present, it has not yet been proven to be able to handle some of the very ambitious AI functions for industries that require a huge amount of infrastructure investment.
“Thanks to the rich talent and capital foundation, the United States remains the most promising home turf, which is expected to appear in the first self -improvement AI,” he said. Juzeeppe Se is stated.
