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Author: City Journal

The Problem With DeepSeek’s Energy Breakthrough
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The Problem With DeepSeek’s Energy Breakthrough

Unsurprisingly, the news that China’s DeepSeek AI had leapfrogged competitors triggered an investor sell-off. It dragged down Nvidia, the American chipmaker powering the AI revolution, as well as related tech stocks, from Micron and Advanced Micro Devices to manufacturing juggernaut TSMC. There is, after all, some wisdom in worrying that we don’t know who the ultimate...

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