DeepSeek's New AI Model Spooked Samsung and SK Hynix Investors
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4 Articles
SanDisk (SNDK) Stock Falls 6% as DeepSeek AI Model Sparks Memory Sector Sell-Off
TLDR SanDisk stock fell nearly 6% in premarket trading Monday, touching $1,542.06 The drop follows DeepSeek’s V4.1 Flash model release, which showed dramatic cuts in memory and storage needs Sector peers Micron, Western Digital, Seagate, and SK Hynix all fell between 4% and 7% Nasdaq futures...
The DeepSeek V4.1 Flash was a point and a half behind the GPT-6 Astra and is about 70 times cheaper The post DeepSeek's new AI model almost equals the GPT-6 Astra, but costs 1.4% of the value...
DeepSeek's New AI Model Spooked Samsung and SK Hynix Investors
DeepSeek's new V4.1 Flash model claims a fourfold cut in KV cache memory use, and Korean investors reacted fast: Samsung fell 3.5% and SK Hynix 2.2% in Seoul on September 11 while Micron and SanDisk held steady in the US. The drop came just two days after Goldman Sachs called a bottom in the memory downturn, complicating the idea that DeepSeek alone drove the selloff.
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