Intel's former CEO says the market is getting DeepSeek wrong after AI chip stock rout

11/27/2024, 1:41 PM
businessinsider.com

Intel's former CEO says the market is getting DeepSeek wrong after AI chip stock rout

I-HWA CHENG/ Getty Images

Former Intel CEO Pat Gelsigner has said that "the markets are getting it wrong" after investors drove a panic sell-off in top AI stocks in response to concerns that DeepSeek would weaken demand for advanced chips.

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