Chips actions in the United States and Europe rose this Wednesday for the second consecutive day, recovering from a punishing liquidation caused by the China low -cost artificial intelligence tool at the beginning of the week.
However, the actions of the leader in AI chips, Nvidia, fell 2.7% to $ 125.44 and weighed on Nasdaq. The action ended 8.9% higher on Tuesday, but was well below Friday’s closure of $ 142.62 and the historical maximum of $ 153.13 of January 7.
European technological actions rose, partly promoted by an increase of almost 8% in ASML after the Dutch manufacturer of semiconductor equipment reported a surprisingly large increase in new reserves.
An index of European technological values rose 3.2%, promoted by ASML, while the manufacturers of be semiconductor and ASM International added 3.5%and 5.4%, respectively.
The profits were more modest in US pairs such as Applied Materials, Lam Research and Kla Corp, which rose between 0.9% and 2%. The Philadelphia chips index rose 0.1%.
The appearance of Deepseek artificial intelligence tools as possible rivals of the already established, such as OpenAi chatgpt, although it also indicates that development costs may be falling quickly, hit the actions related to artificial intelligence on Monday and erased almost A billion dollars of the market value of semiconductor, energy and equipment companies.
The liquidation focused on NVIDIA, which lost almost 600,000 million dollars in market value, the largest fall in a single day for any registered company.
“We continue to think that Depseek’s story is part of the evolution of the AI cycle… with certain sectors (chip and energy manufacturers) that will probably remain under pressure, but the rest of the sectors will recover from any settlement on Monday and will advance ”Said the chief economist of Jefferies, Mohit Kumar.
“The valuations are still adjusted for certain technological companies and the next profit season must justify the high current assessments.”
Do not miss: Microsoft investigates whether deepseek group improperly obtained OpenAI data
Despite caution of investors, Depseek remains in the focus of attention
Depseek launched a free AI assistant last week that surpassed Openai chatpt in Apple’s app store in the US, and the cost and performance of their AI tools seemed to change the belief of the industry that China was for years Behind his American rivals in the AI race.
For Wednesday, there was a greater sense of calm in the markets as the attention of investors moved towards the result of the two -day policy meeting of the Federal Reserve of the US and the earnings of this week of several of several of several of The so -called seven magnificent megacapitizations.
Microsoft and Meta’s quarterly results after the closure of the market will be closely monitored to know the details about the expenditure in AI.
“This is the new dividing line for the facilitators of AI and the Megacapitalization Growth Growth in general,” said Scott Chronet, a strategist of American actions in Citi.
“Its ability to continue generating positive and relative returns will probably be reduced to the confidence of investors in which current positive reviews will be made.”
However, some experts expressed skepticism about Depseek’s success history, especially the lack of details related to the Startup expense budget.
On the other hand, Microsoft and Openai are investigating whether the technology data out of the Chatgpt manufacturer was improperly used by a group linked to Deepseek, Bloomberg News reported on Tuesday.
With Reuters information
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