Why DeepSeek disruption is the China risk Wall Street can’t ignore

Quick Summary:

A global stock market this dependent on a few huge companies in a sector whose valuations are under high scrutiny is a recipe for volatility.

The initial reaction of investors suggested something profound and far-reaching had occurred, calling into question US supremacy in AI and the belief that the future of the technology requires ever-increasing amounts of capital spending on chips and infrastructure.

Last weekend, the company’s mobile app rose to the top of Apple’s iPhone download charts.

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Article Details

Author / Journalist: Nicholas Spiro

Category: Technology

Markets: Hong KongChina

Topics: Global Sector Economy Last Been China Model Technology Markets Investors Fraction

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-30 @ 16:30:08 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 310 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 25624070

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About SCMP

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Official Website: scmp.com

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Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 14 hours ago

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Publisher ID: #41

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