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Japan chip stocks extend losses as DeepSeek worries fuel Wall Street tech rout

27 January 2025
in World
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Japan chip stocks extend losses as DeepSeek worries fuel Wall Street tech rout
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Shares in Japan’s chip-related companies, including Advantest, Tokyo Electron, and Renesas Electronics, continued to decline for a second day as the emergence of Chinese startup DeepSeek’s AI technology raised concerns about the United States’ leadership in the field. Softbank Group, which owns chip designer Arm, also experienced a 5.26% drop, while data center-related shares like Furukawa and Fujikura fell significantly. DeepSeek’s innovative large language and reasoning models have challenged U.S. dominance in the semiconductor industry, prompting speculation about potential regulatory changes and the impact on global competitiveness.

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Tags: Advantest CorpArm Holdings PLCBreaking News: Technologybusiness newsChipDeepSeekextendFuelJapanlossesRenesas Electronics CorproutStocksStreetTechtechnologyTokyo Electron LtdUnited StateswallWorld MarketsWorries
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