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from the world of economics and financeDeepSeek-inspired panic sank U.S. stocks to start the week. Photo: pedro pardo/Agence France-Presse/Getty Images
So it turns out that the prospect of cheaper artificial intelligence that doesn’t require a wholesale reordering of the energy grid and the depletion of water and other natural resources might be a good thing for the stock market.
Or at least it’s a potential positive for shares of companies other than those that have seen a monster rally over the past two years based on massive and ever-growing spending on expensive semiconductors and other infrastructure.
William Watts is MarketWatch markets editor. In addition to managing markets coverage, he writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. During his time at MarketWatch, Watts has served in key roles in the Frankfurt, London, New York and Washington, D.C., newsrooms.