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

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25. Trane Technologies plc (NYSE:TT)

Number of Hedge Fund Holders: 62

Share Price Decline: (8.82%)

Trane Technologies plc (NYSE:TT) manufactures industrial equipment. The heating, ventilation, and air-conditioning company’s stock plunged more than 8% after news of a cheaper, open-source AI model from DeepSeek spread. Stocks such as Trane who are heavily tied to the AI market experienced losses amid concerns that the expected surge in electricity demand stemming from AI data centers may not materialize.

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