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

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7. TransAlta Corporation (NYSE:TAC)

Number of Hedge Fund Holders: 28

Share Price Decline: (21.22%)

TransAlta Corporation (NYSE:TAC) is an electricity power generation company that owns, operates and develops a diverse fleet of electrical generation assets. TransAlta stock declined following news of the emergence of DeepSeek, whose advanced capabilities with lower energy consumption and reduced reliance on high-end hardware have sparked a frenzy in the market. Investors have been concerned about potential disruptions in energy demand, particularly from AI-driven data centers. Consequently, utility stocks such as TransAlta, previously poised to benefit from rising electricity demand, faced a significant plunge.

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