Power Providers Drop With Big Tech on DeepSeek AI Worry

  • Vistra, Constellation sink as DeepSeek AI model shakes market
  • Stocks were buoyed last week by Trump’s Stargate announcement

A selloff in global technology stocks is causing shockwaves beyond chipmakers and the Magnificent Seven to companies expected to power the sector.

Independent power producers were the worst-performing stocks in the S&P 500 Index on Monday after an artificial intelligence model from Chinese startup DeepSeek threatened US dominance in the space.