Part 5/9:
The initial market response to Deep Seek's announcement was severe, with significant declines across top-performing AI stocks—demonstrating that the market is still grappling with the implications of this potential disruption. Despite this turmoil, experts suggest that the long-term outlook for electricity needs driven by AI remains robust.
Should Deep Seek's model attract the attention of hyperscalers—companies that operate large-scale data centers—it could alter their capital expenditure strategies. However, there has yet to be evidence of this shift in spending patterns. The current scenario evokes memories of the late 1990s during the tech boom, when significant electricity demands from the internet altered the energy landscape.