If so, why were US electricity stocks down 20-28% (wouldn’t we expect them to go up if the US wants to strengthen its domestic AI-related infrastructure) and why did TSMC lose less, percentage-wise, than many other AI-related stocks (wouldn’t we expect it to get hit hardest)?
Well, he didn’t do it yet either, did he? His new announcement is, likewise, just that: an announcement. Manifold is still 35% on him not following through on it, for example.
Seems more likely the drop was from Trump tariff leaks than deepseek’s app.
If so, why were US electricity stocks down 20-28% (wouldn’t we expect them to go up if the US wants to strengthen its domestic AI-related infrastructure) and why did TSMC lose less, percentage-wise, than many other AI-related stocks (wouldn’t we expect it to get hit hardest)?
Yeah, these are mysteries, I don’t know why. TSMC I think did get hit pretty hard though.
Supposedly Trump announced that back in October, so it should already be priced in.
(Here’s my attempt at making sense of it, for what it’s worth.)
Trump “announces” a lot of things. It doesn’t matter until he actually does them.
Well, he didn’t do it yet either, did he? His new announcement is, likewise, just that: an announcement. Manifold is still 35% on him not following through on it, for example.
Politicians announce all sorts of things on the campaign trail, that usually is not much indication of what post-election policy will be.