(Bloomberg) – The actions of Japanese companies linked to semiconductors, notably Adventst Corp. And Disco Corp., extended the drop on Monday after the publication of the Chinese AI model Deepseek caused a sale in American technological actions.
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Advent, which provides testers to Nvidia Corp., has dropped to 11%, towards a two -day drop of 18%, the most since a market course in August. The manufacturer of disco chip equipment slipped by 9.5%, while SoftBank Group Corp. fell 6.7%. The latter erased his earnings from last week, when he joined the news, the company plans to commit $ 19 billion in an investment plan for artificial intelligence infrastructure in the United States.
Other flea -related companies, including Lasertec Corp., Screen Holdings Co. and Tokyo Electron Ltd., all fell 4% at a given time. In the United States, Nvidia has lost nearly $ 600 billion in market capitalization on investors concerns about Deepseek competition, which is widely considered as a low cost rival of Openai and Meta Platforms Inc. -Unis
“The fact that the cost of AI decreases is a negative for AI actions, and it is an irreversible trend,” said Ryoutarou Sawada, analyst at Tokai Tokyo Intelligence Laboratory. “The cost of semiconductors, which are involved in the creation of a generative AI, will also fall, which is bad news for Japanese chip equipment manufacturers.”
The impact of Deepseek “will force a break in certain commercial AI infrastructure plans” and “should cause a slowdown” in the investment linked to the AI, Pelham Smithers, analyst of the British company Pelham Smithers Associates, , in a research note.
This gives a blow to electricity generators, which expected the investment in AI to supply the demand for electricity of the power centers eager for power. The actions of Kyushu Electric Power Co., Tokyo Electric Power Co. and Kansai Electric Power Co. fell by 2% on Tuesday.
“It is natural that the sale spreads to the outskirts of the AI sector, such as electricity production actions,” said Kiyoshi Ishigane, head of funds at Mitsubishi UFJ Asset Management.
Mitsubishi Heavy Industries Ltd., whose actions jumped last week in the hope of an increase in demand focused on AI for its American gas turbine activity, plunged 8.6% at a given time, the most since August.
The actions of Furukawa Electric Co. and Fujikura Ltd., which make cables for data centers, also decreased by 8.5%. Fujikura, Furukawa Electric, Advent, Mitsubishi Heavy and Softbank were all part of the worst interpreters of Nikkei 225, which was down 0.6% at 11:30 am in Tokyo.
