2 Artificial Intelligence Stocks That Remain Excellent Long-Term Buys After the DeepSeek News
Chinese start-up DeepSeek rocked the artificial intelligence (AI) market when it announced one particular accomplishment. The company said it trained its model in two months for less than $6 million. This is compared to the billions of dollars big tech companies are pouring into their AI programs. Immediately, investors worried this would prompt the tech giants to rein in spending and follow in the footsteps of DeepSeek -- and that would weigh on the revenue of many AI companies, such as chip powerhouse Nvidia.But a closer look at the situation paints a brighter picture. Tech companies aren't likely to change their spending strategy overnight, and experts have even said that DeepSeek probably spent more on the project than it originally announced. Consultant SemiAnalysis says the figure looks more like $500 million, and that's just for the chips to power the training.But whether DeepSeek's news is game changing or not, certain AI stocks still remain excellent long-term buys and aren't likely to be hurt by the company's progress. Let's check out these two AI players to buy now.Continue reading
Chinese start-up DeepSeek rocked the artificial intelligence (AI) market when it announced one particular accomplishment. The company said it trained its model in two months for less than $6 million. This is compared to the billions of dollars big tech companies are pouring into their AI programs. Immediately, investors worried this would prompt the tech giants to rein in spending and follow in the footsteps of DeepSeek -- and that would weigh on the revenue of many AI companies, such as chip powerhouse Nvidia.
But a closer look at the situation paints a brighter picture. Tech companies aren't likely to change their spending strategy overnight, and experts have even said that DeepSeek probably spent more on the project than it originally announced. Consultant SemiAnalysis says the figure looks more like $500 million, and that's just for the chips to power the training.
But whether DeepSeek's news is game changing or not, certain AI stocks still remain excellent long-term buys and aren't likely to be hurt by the company's progress. Let's check out these two AI players to buy now.
