Power providers and equipment suppliers to data centers were among the worst-hit stocks after an artificial intelligence model from Chinese startup ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/deepseek” target=”_blank”>DeepSeek threatened US dominance in the space. Today’s declines for energy and equipment firms reversed gains that came after US President Donald Trump announced a multibillion-dollar AI project last week.
Shares of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/siemens-energy” target=”_blank”>Siemens Energy AG slid as much as 22%, erasing their 2025 gains. Sweden’s Munters…
