Business

ASML Stock Dives 8% Amid DeepSeek's AI Breakthrough Shaking Market Confidence

ASML's Market Shock Following DeepSeek's AI Innovation

ASML Holding NV experienced a significant drop in its stock value, decreasing by more than 8% on Monday. This sudden decline was a direct reaction to the groundbreaking launch of the R1 model by Chinese AI startup, DeepSeek, which has sent ripples through the AI market.

DeepSeek Outpaces OpenAI in App Store Rankings

In a surprising turn of events, DeepSeek's application surged to the top of Apple's App Store chart in the United States, surpassing OpenAI's ChatGPT, which fell to third place. This unexpected success challenges the dominance of Western AI giants and raises questions about the future direction of AI investments.

DeepSeek-V3: A New Benchmark in AI Performance

DeepSeek-V3 has demonstrated superior capabilities across a range of tasks, from advanced mathematics to natural language processing, outperforming even the most sophisticated models like GPT-4o in critical metrics. This breakthrough has set a new benchmark for AI performance, further intensifying competition in the field.

At 9:12 am CET, ASML's shares were recorded at a sharp decline, selling at €640.70, marking a significant moment in the stock market's reaction to AI advancements.