NVIDIA lost nearly $ 600 billion on Monday due to high -tech stocks in the concern that DeepSeek, a Chinese artificial intelligence company, was deprived of our dominance in AI development.
The NASDAQ composite, which tracks the largest high -tech company in Japan, has exceeded 3 % or more. Dow fell nearly 300 points after fell early on the day, and S & P 500 fell almost 1.5 %.
The sale was caused by the progress of Chinese Deep Shek, which has revealed the outstanding qualities this weekend. The open source model was first released in December, and it took only two months to create, less than $ 6 million. These claims are hundreds of billions of dollars that promoted the fear that China, such as Openai, Microsoft, and Meta, was poured into its own models, and China was passing through the United States due to their scale and efficiency. It will be much less. AI investment.
The DeepSeek app became the top free application of the Apple App Store and pushed Openai Chatgpt to second place.
Among the largest losers in the stock market slump, 18 % of the chip manufacturer NVIDIA dropped. NVIDIA has recently been one of the better performers, and is one of the largest companies in the world, with more than 200 % of shares in the past two years. According to Bloomberg, the loss of NVIDIA indicates the largest market value in the US stock market.
NVIDIA stated in a statement that “Deepseek is an excellent progress of AI”.
Other semiconductor companies also saw significant losses. Micron Technology and Arm Holdings have decreased by 10 %, and ASML slides 6 %.
MEGA-CAP’s high-tech companies also felt pain, Microsoft has decreased by 2 %, and Google’s parent Alphabet has decreased by 4 %. The meta platform, which is developing its own open source AI model, has dropped early that day, but has risen 1.9 %.
The worries about DeepSeek’s progress occur during export management for advanced semiconductor sales to China.
A lecture at the World Economic Forum last week, Microsoft CEO Satya Nadella said, “DeepSeek’s progress is very impressive … super -calculated efficiency.” “We should remove the development from China very seriously,” Nadera added.
According to John Mulenal, chairman of the Chinese Selection Committee, “the United States is allowed to take the risk of national security and use technology to promote AI’s ambitions. We must work quickly for DeepSeek’s more powerful exports.
At the end of 2024, Microsoft plans to invest 35 billion dollars to build a “reliable and secure safe AI and Cloud DataCenter infrastructure.”
Constellation Energy, which signed a contract with Microsoft, restarted THREE MILE Island’s nuclear plant, driven an artificial intelligence server and sank by 20 %. Other power companies’ shares, which are seen as beneficiary of AI, such as Vistra Energy and NRG Energy, have also dropped significantly. Siemens energy, which manufactures equipment for utility companies, has plummeted to 20 %. GE VERNOVA, another manufacturer of power equipment, has fallen by more than 21 %.
Not everyone is convinced of DeepSeek’s announcement. “We believe Deepseek believes that we didn’t build Openai for $ 5 million,” Bernstein’s analyst Stacy Rasgon wrote to the client on Monday. “The model looks wonderful, but we don’t think they are miracles.”
Giuseppe Sette, the president of the AI market research company, is “very bullish in the long term” because the fundamental technology of DeepSeek may become a playbook for other AI companies in the future. He said it looked like.
“Deepseek has swept the market by doing more things because of less things. In Rayman’s terms, only the most relevant parts of each query are active. It is money and calculation ability. Save in the next few years, and on Monday.
