These 29 AI Electricity, Infrastructure Stocks Are Crashing Due to DeepSeek News

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11. Powell Industries, Inc. (NASDAQ:POWL)

Number of Hedge Fund Holders: 26

Share Price Decline: (18.06%)

Powell Industries, Inc. (NASDAQ:POWL) is an industrial products company that makes and sells electrical equipment. DeepSeek’s AI models impacted a lot of utilities, energy, and infrastructure stocks and led to a broad market sell-off. Reported to use older chips and less computing power, DeepSeek’s AI models have led to an increased speculation that artificial intelligence may not need as much chips or power as previously anticipated. As a result, Powell Industries also plunged as the demand for Powell’s supply equipment for data centers may not be as much as previously anticipated.

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