Deepseek, the Chinese weapon that has trembled Silicon Valley: Goodbye to the stock market of the ‘big tech’?

A new one has entered player On the technology board: DeepSeekthe artificial intelligence (AI) tool of Chinese origin that mimics some technologies such as Chatgpt. Although its launch was on January 20, on the weekend a stellar projection began in the ranking Google’s PlayStore sales that culminated with its irruption, hype and saucer, on Wall Street this Monday.

What is happening in the markets?

Stock experts warn that “The board is being redefined“In the field of big techthe great technological ones that have monopolized the investments in Wall Street technology. Among the most affected by yesterday, it stands out NvidiaChips manufacturer for AI, which led the falls in the stock market. The American technological giant sank near the 17%, which meant losses in its capitalization that around the 589,000 million dollars (561,870 million euros), the largest loss of capitalization by a company on the same day.

This was not the only fall, but were followed (to a lesser extent) other firms involved in the AI ​​sector as Oracle, Arm, Micron, AMD, Cisco o Microsoft.

Why does Depseek’s success affect markets?

The value of value of the big tech It is based on the threat that supposes that a similar to its great inventions can be achieved by a fraction of its millionaire expenses. And especially, it affects that the US technological supremacy is questioned.

“The greatest risk and fear of markets is China positioning In artificial intelligence. The market located this country at a much more backward point, and theoretically has managed Celso Otero, Digital Solutions expert from AI Renta4.

What changes in the markets the appearance of Deepseek?

The main change, as analysts point out, is the entry into play of a New competitor. And the higher the competition, the more they can cut prices.

“Many of the fears is that the assessments of the companies are artificially inflated, because the same cost of AI is inflated. That is the greatest fear that is quoting in the market, “says Otero.” It is not so much that DeepSeek be the model that makes competition strongly to western models, but the fact of saying: is it really The cost of the use of AI so high How did they tell us? “

Is Deepseek a true threat to the US technological tools?

Analysts ask, first of all, prudence When valuing DeepSeek As an alternative to other tools of AI since it is still in development, and has not shown that it will rival, in all its dimensions, with other more widespread, such as chatgpt.

For now, already yesterday DeepSeek He suffered several interruptions of his services outside China, because his servers are not yet optimized to respond to strong demands. However, this is an episode that other IAS already faced in their early stages, such as OpenAi.

What happened to Nvidia and the other ‘Big Tech’?

In the case of Nvidia, Otero points out, the market was estimating strong prices of the company corresponding to a strong demand. As usual in the markets, at the time when the strength of its demand or the sustainability of its prices is questioned after the entry of the competition, the rate of growth of the income for the future varies (to the low).

How does European stock markets affect?

The business conglomerate of Europe linked to technology is still very limited, despite the presence of ASML o Sitronicamong others. Therefore, analysts expect the impact of DeepSeek In European indices it is discreet.

Yes, we will have to pay attention to companies Energy and those involved in the construction of Data centersbecause of the effect that the discovery of a cheaper to produce can have on them.

How has you affected Ibex 35?

As in the rest of the European stock markets, yesterday did not have large general effects in the Spanish index, which even increased its value by 0.12%.

The sinking of Wall Street was perceived in the Electric supply companies for fear of changes in energy consumption linked to AI, as well as in Construction companies involved in infrastructure. In this context, they were led by Merlin (-4.68%), which was followed by ACS (-4.53%), acts energy (-1.92%) and Repsol (-1.89%), between others.

What future forecasts are considered for the short term?

The commitment to AI is still strong, analysts insist.

“The greatest risk is that there are other technologies that are developing their own tools that had not been given much attention to them before,” Otero explains, “but they are seeing that with other technologies the same result is being achieved, the market begins to give more credibility to all those investments of other companies If there are more competitors, prices tend to go down“.

What agents benefit from the current scenario?

Analysts define as “key players” in this new scenario to hyperscalers As Amazon Web Services and Google, because much of its operations are carried out in the cloud, already greater computation capacity, greater need for technology such as AI. The entrance of a new option, advanced and cheaper, will reduce its costs.