Market Shake-Up by DeepSeek

ASML Holding NV, a leading semiconductor equipment supplier, experienced a significant 8% drop in its stock value on Monday. This downturn was triggered by the market's reaction to the groundbreaking launch of the R1 model by Chinese AI startup DeepSeek.

DeepSeek's Rise to Prominence

Previously, it was reported that DeepSeek ascended to the top of Apple's App Store chart in the United States, surpassing OpenAI's ChatGPT, which has now fallen to third place. The unexpected success of DeepSeek's app in competing with established Western AI giants has sparked discussions about the viability of current AI investment strategies.

Superior Performance Metrics

DeepSeek-V3 has demonstrated exceptional performance across a range of tasks, from advanced mathematics to natural language processing, outperforming even the most sophisticated models, including GPT-4o, in critical metrics.

At 9:12 am CET, ASML's shares were reported to have plummeted by 8.56%, trading at €640.70.