DeepSeek Crushed Constellation Energy. Is This Nuclear Stock a Buy Now?
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DeepSeek's arrival in January 2025 shook the AI world.Over the course of less than 10 hours' trading, news that China had created a better AI mousetrap -- one that took less time and costs less money to build and operate -- subtracted $600 billion from the market capitalization of Nvidia (NASDAQ: NVDA). In the energy space, DeepSeek's deep-discount AI model convinced a lot of investors that there won't be as big a market for nuclear plants to power AI data centers as they had thought, either.Shares of Constellation Energy (NASDAQ: CEG), whose groundbreaking plan to reopen Three Mile Island to provide nuclear power to Microsoft (NASDAQ: MSFT) data centers instantly made it the bellwether of the AI-nuclear industrial-complex, lost 21% of its market capitalization on Jan. 27. And Constellation stock is still down , actually trading 29% below its DeepSeek share price.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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