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- Research Type
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Fundamental, Video

Tech: DeepSeek Implications

Angelo Zino, CFA, Senior Vice President of Equity Research

03 February 2025

Summary

China-based AI model DeepSeek is disrupting the market as the top U.S. app with lower costs than Western rivals. CFRA Senior Vice President of Equity Research, Angelo Zino, CFA, favors software over semiconductors, highlighting the benefits of AI for software and the challenges posed by China. He also notes heavy investment in computing by hyperscalers, though growth may slow, while large SaaS providers are expected to thrive due to reduced AI costs.

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Fundamental Equity Research

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