🐋DeepSeek Reveals How Badly Energy Industry Needs AI for Growth
Bloomberg reports that from pipelines to reactors, companies bank on data center boom, but DeepSeek’s more efficient model threatens growth forecasts.
📊DeepSeek’s announcement hammered the shares of uranium producers and natural gas pipeline operators alike. Companies that supply power plant equipment and data center cooling systems suffered as well in Monday’s big selloff.
📉US pipeline operators had been counting on new data centers to boost demand for natural gas. Growth forecasts ranged from 2 billion to 10 billion cubic feet per day. Kinder Morgan Inc. cited data centers in its recent, bullish growth forecasts, and saw its stock tumble 9% Monday. Uranium names were among the worst performers in the S&P/TSX Composite Index.
📊The basic nuclear thesis still holds, in part because power demand is going to climb from homes and factories that are increasingly shifting to electricity. DeepSeek’s efficiency could even lead to more widespread use of AI. Natural gas will be a winner here, primarily because it is the lowest cost from a reliability perspective, analytics say.
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© Economic Review
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Bloomberg reports that from pipelines to reactors, companies bank on data center boom, but DeepSeek’s more efficient model threatens growth forecasts.
📊DeepSeek’s announcement hammered the shares of uranium producers and natural gas pipeline operators alike. Companies that supply power plant equipment and data center cooling systems suffered as well in Monday’s big selloff.
📉US pipeline operators had been counting on new data centers to boost demand for natural gas. Growth forecasts ranged from 2 billion to 10 billion cubic feet per day. Kinder Morgan Inc. cited data centers in its recent, bullish growth forecasts, and saw its stock tumble 9% Monday. Uranium names were among the worst performers in the S&P/TSX Composite Index.
📊The basic nuclear thesis still holds, in part because power demand is going to climb from homes and factories that are increasingly shifting to electricity. DeepSeek’s efficiency could even lead to more widespread use of AI. Natural gas will be a winner here, primarily because it is the lowest cost from a reliability perspective, analytics say.
Read full:
⬇️⬇️⬇️
en review.uz/en/xxw
ru review.uz/xxw
More analytics
⬇️⬇️⬇️
© Экономическое обозрение
© Иқтисодий шарҳ
© Economic Review
telegram | facebook | twitter|linkedin