nVent Electric PLC

NVT: XNYS (USA)
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DeepSeek Sparks Selloff in US Industrials With Data Center Exposure

On Jan. 27, shares of industrial firms with data center exposure materially underperformed, with some falling by as much as 20%. This followed news that China's DeepSeek developed an AI model with comparable capabilities to US-developed models, but at a fraction of the cost.

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