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

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3. NuScale Power Corporation (NYSE:SMR)

Number of Hedge Fund Holders: 18

Share Price Decline: (25.02%)

NuScale Power Corporation (NYSE:SMR) designs and markets small modular reactors (SMRs). Another stock heavily tied to the AI world, Corvallis-based NuScale has previously benefited from the idea that AI-driven electricity demand increases could boost its small modular reactor business. Now that Wall Street is reevaluating the energy requirements of AI, energy and related utilities stocks have been tanking. In particular, NuScale saw its shares plunge by 25% following the news regarding DeepSeek. Not only do DeepSeek’s AI models use less computing power and chips, but the model released is also open-source. This move has made it harder for competitors to justify the huge costs that they have been spending on hardware, software, and expertise needed to develop similar systems.

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