Cheaper AI technology from Chinese startup DeepSeek sparks stock losses in nuclear energy firms.

Chinese startup DeepSeek's cost-efficient AI model has caused significant stock losses for nuclear energy companies like Vistra and Constellation Energy. Concerns over reduced energy demand from cheaper AI technology have led to sell-offs in AI-exposed power stocks. Despite this, analysts like Dan Ives believe long-term AI demand remains strong, and nuclear energy will still benefit from established AI firms' investments.

2 months ago
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