Energy Companies Stocks Plummet as DeepSeek Shows AI Doesn't Need Entire Coal Plants to Cheat on Homework

Quick Summary:

The semiconductor company Broadcom was down over 17.5 percent over two days, and Nvidia continues to fluctuate after shedding nearly $600 billion in one day, dragging the NASDAQ down by 3 percent.

The Market Speaks After just one day of market trading, Hangzhou-based AI startup DeepSeek has absolutely liquidated the AI tech bubble.

Today, tech stocks continue to be volatile for AI-adjacent industries.

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Article Details

Author / Journalist: Joe Wilkins

Category: Technology

Markets: United StatesChadChina

Topics: Deepseek Stocks Energy Ai

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-28 @ 20:30:02 (1 days ago)

News Timezone: GMT +8:00

News Source URL: futurism.com

Language: English

Article Length: 595 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Futurism

News ID: 25589737

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About Futurism

Main Topics: Technology

Official Website: futurism.com

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Year Established: 1997

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News Last Updated: 14 hours ago

Coverage Areas: United States

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Publisher ID: #68

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