01.02.2025 10:47:00
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Are These AI-Heavy Vanguard ETFs Still Good Picks to Buy in the Wake of the DeepSeek Drama?
The stock market has been a rocket ship over the past two years. What is the main fuel powering the upward climb? Artificial intelligence (AI). Many of the world's largest tech companies have invested heavily in training and deploying costly AI models, and some of those companies have also benefited tremendously from the massive AI investment.But Chinese company DeepSeek recently caused the rocket ship to veer off course. DeepSeek's introduction of its R1 model prompted many investors to question whether their underlying premises about the AI market were correct. R1 reportedly beats other top AI models, including OpenAI's ChatGPT o1, on key benchmarks. It's also much more cost-effective.DeepSeek isn't just shaking up individual AI stocks. It's also affecting major exchange-traded funds (ETFs) with heavy ownership in those stocks.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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