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Asian technological values fell on Monday following concerns about global investments in artificial intelligence and the impact of the Chinese start-up Deepseek.
The Japanese companies of Disco Corp and Advantest fleas, partner of NVIDIA, fell respectively 2.9 percent and 8.1 percent, while the main Chinese manufacturer of fleas, SMIC, fell 2.5 percent. Nocturnal exchanges in the United States indicated that the NVIDI AI barometer was about to open up to its fence on Friday.
These drops arise as the markets have digested the Unexpected advances in DeepseekWho published his R1 last week- a rival of the OpenAI Chatgpt genetive model- casting doubt on heavy expenditure in AI of Silicon Valley and on the sustainability of the technical advantage of the States- United in matters of artificial intelligence.
“Deepseek R1 is the spoutnik moment of AI,” wrote the venture capital investor Marc Andreessen on the social network X, comparing this publication to the alarm signal aroused by the success of the Soviet Union in The orbit of the first satellite.
Deepseek reached the summit of the App Store download ranking on Monday in the United States. The small start-up claimed to build competitive models with a reduced budget, which led the initiates of the sector to wonder if it was necessary to Pour tens of billions of dollars In the creation of IA chip clusters for the formation of large language models.
“It seems that reality is starting to emerge: China has not remained crossed, even if these customs duties and investment restrictions on technological companies have been set up,” said Mitul Kotecha, Responsible for macro and changes in emerging markets at Barclays.
“The fact that they are able to achieve high -end technology surprised many people. . . This is what seems to be the source of the change of feeling today.
The Hong Kong Hang Seng index was up 1.1% on Monday at noon, led up by Chinese technological companies listed in the territory, notably Tencent and Alibaba. The Chinese company of IA Iflytek increased by 2.4 percent.
Tokyo traders said on Monday sales have focused on actions such as Tokyo Electron and Fujikura, which have jumped in recent months due to their strong exposure to investments in AI.
“It’s Deepseek, that’s for sure,” said a tokyo -based fund manager about the sudden fall in Japanese technological actions, adding that the market was rehabilitated to the idea that IT equipment expenditure for ‘IA – A theme that had benefited certain Japanese companies – could be a problem. much lower than current estimates.
Furukawa Electric, which manufactures cables for data centers, has recorded particularly important gains since November, but its actions have dropped more than 9 percent on Monday, making it the largest loser in percentage of the index of index Reference Nikkei 225 Average.
A broker from one of the largest brokerage houses in Japan said it was difficult to say how long the pain would last and if it was the start of a massive sale.
Tokyo markets should follow those of the United States when they will open later, said the source, but it added that some customers used Deepseek news as an excuse to lock the profits on the actions that had performed since the start of the year. year.
Others have noted that the liquidation of major Japanese technological values triggered a broader rout of Japanese actions. The Topix increased on Monday morning, while the market reacted up 0.25 percent of last week. Interest rate increase by the Bank of Japan.
The actions of the three largest Japanese banks – MUFG, SMFG and Mizuho – have all climbed approximately 2 percent, because the increase in interest rates is expected to result in higher national profits.
