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📰 DEEPSEEK COULD FLATTEN NUCLEAR ENERGY DEMAND Demand for U.S. nuclear energy could be decimated by China’s AI breakthrough with DeepSeek, but it’s too early to know for sure, BMO analyst Subash Chandra tells WSJ. Demand for nuclear power is expected to have a compound annual growth rate of 2% to 5% over the next 10 years, as data center projects to fuel AI growth in the U.S. look to cleaner energy sources, Chandra says. DeepSeek’s reported energy efficiency could drag down demand to as low as 1% to 2% CAGR if its success is replicated and verified, Chandra says. S&P 500 tech sector index down 5.5%.

January 27, 2025
Frank

DEEPSEEK COULD FLATTEN NUCLEAR ENERGY DEMAND

Demand for U.S. nuclear energy could be decimated by China’s AI breakthrough with DeepSeek, but it’s too early to know for sure, BMO analyst Subash Chandra tells WSJ. Demand for nuclear power is expected to have a compound annual growth rate of 2% to 5% over the next 10 years, as data center projects to fuel AI growth in the U.S. look to cleaner energy sources, Chandra says. DeepSeek’s reported energy efficiency could drag down demand to as low as 1% to 2% CAGR if its success is replicated and verified, Chandra says. S&P 500 tech sector index down 5.5%.