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What you need to know today
Deepseek raises questions about AI investments
The Chinese startup of the artificial intelligence Deepseek on Monday released his own R1 reasoning modelwhich competes with the possibilities of O1 Openai. Model may cost less than 10% Lama Meta, according to Jefferies's estimates. This disturbed the fears that huge investments in artificial intelligence by American companies are unjustified. US President Donald Trump said on Monday that Deepeek “It should be stimulated“For American technology companies.
Nvidia in the amount of $ 600 billion
Nvidia Actions fell on Monday by almost 17% The worst day from March 2020In terms of prices, Deepseek raised. Chipmaker lost nearly $ 600 billion for market capitalizationThe biggest decrease for each company in one day in US history. Nevertheless, Nvidia described Deepeek as “an excellent development of artificial intelligence”, suggesting that development is a benefit for the company, not the importance of sales of chip.
Energy shares in leave
The most frequently issued energy companies Boom fell to the Data Center for the Technology Sector Data, because the Deepseeka claims led the investors to the question of how much energy will actually consume the applications of artificial intelligence. Vistur Closed almost 30% lower Speech energy AND GE Vernova fell by over 20%. All three shares gave up this year's profits.
Technical actions
Main American references He fell on Monday On wide isolation by semiconductors and AI actions, although the industrial average Dow Jones managed to advance. Japan Nikkei 225 fell by about 1.5% as chip shares in the country, affected by the edition of Deepseek, have expanded their declines The second day in a row. Taiwan, South and Chinese markets are markets Closed on vacation.
(PRO) NVIDIA Sale “excessive reaction”: Tom Lee
The fall of Nvidia is a “excessive reaction” on a scale similar to Pandemia sales in 2020, Tom Lee, head of research at Fundstrat Global Advisors, said CNBC. Here's why Lee For now, he does not change his opinion on Nvidia.
Lower line
Nvidia ruta, caused by the fears induced by Deepseek, that AI models do not really need expensive tokens worth billions of dollars, is deep and terrifying.
Before Monday, the chip manufacturer was the most valuable company listed in the stock exchange. After a sale, which wiped almost $ 600 billion in the NVIDIA market capitalization, the company fell to third place Apple AND Microsoft.
To place this tectonic change in the context, the decrease in Nvidia in market capitalization is greater than the entire market value Netflix and double Wells Fargonoticed Adrian Van Hauwermeiren from CNBC.
Apart from NVIDIA, other adjacent pieces fell steeply, causing the NASDAQ composite to move 3.07%. S&P 500 lost 1.46%. However, the industrial average Dow Jones, which increased by 0.65%, was slightly protected before Monday Bloodbath for the benefits of Apple, Johnson & Johnson and Travellers.
“This is a good example of selling the first and asking questions later, and investors in a sense the feeling that the valuations are slightly stretched for technology in general, and especially for semiconductors,” said Stovall himself, the main investment strategist at CFRA Research.
After saying, there were still pockets on the market, on which actions grew, which suggests that “investors do not necessarily withdraw actions, but rotate to defensive areas,” as Stovell put it.
Some technological stocks even advanced despite the PALL throw above the sector via Deepseek. Actions SalesforceIN Adobe AND Palo Alto Networks According to John Belton, a portfolio manager at Gabella Funds, Rose in terms of the perspective that the costs of artificial intelligence can fall and expand their margins.
Will repeat this sentiment, Bofa Securities Analyst Justin Post wrote on Monday in a note that if AI training can really be conducted behind a fraction of the cost, there will be “benefit in the near future for advertising, travel and other companies from consumer applications that use the AI cloud, while long -term revenues and revenues The costs associated with AI Hyerscarar would probably be lower. “
In other words, Deepseek does not prove that AI is a fantastic hole in which investors and companies belong to money.
On the contrary, it suggests that artificial intelligence is more accessible and inexpensive than thought, and its benefits can be used by companies with pockets not as deep as large technologies. If the Deepseek claims with its low costs are proven, investors must get used not only to the penetration of more sectors, but also a different way of playing AI.
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