Reported 1 day ago
Software stocks, particularly Salesforce and Apple, have surged amidst optimism surrounding DeepSeek's efficient AI model, which could lower costs for AI development and invoke greater interest in AI agents from investors. Despite a downturn for Nvidia and semiconductor stocks, analysts suggest that DeepSeek's breakthroughs may lead to increased investment in enterprise software companies like Microsoft and Adobe, as overall computing costs decrease and more businesses adopt AI technologies.
Source: YAHOO