DeepSeek's leaner AI model drags Samsung, SK hynix shares down over 4%
Shares of Samsung Electronics and SK hynix each fell more than 4% before paring losses, following news of a leaner AI model from DeepSeek. Investors worry that more efficient models could curb demand for AI memory.
- Samsung and SK hynix dropped more than 4%
- Trigger was DeepSeek's leaner model
- Fears of weaker AI memory demand
- Shares later trimmed losses
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