DeepSeek Could Boost Intel Stock
DAVOS, SWITZERLAND - JANUARY 21: Intel store is seen at Promenade Street in Davos, Switzerland on ... [+] January 21, 2025. (Photo by Ömer Sercan Karku/Anadolu via Getty Images)Anadolu via Getty ImagesChina’s new AI model DeepSeek roiled the U.S. big tech stocks on Monday with semiconductor names taking the biggest hit. The industry expects the resource-light new model could usher in a wave of more efficient AI models, hurting demand for AI hardware. The worst hit were AI bellwether Nvidia and Broadcom whic ...