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Deepseek’s threat makes NetWeb Technologies fall 13%


Shares of Network technologies Sumped up to 13% on Monday at 1605 Rs in BSE, following a wide -based global sale based on artificial intelligence technology stocks. The clash was caused by the increasing popularity of DeepseekA Chinese Startup with low cost artificial intelligence Solutions have challenged market assumptions for sector benefit and demand for high -tech chips.

NetWeb Technologies, which earns about 15% of its operating income from its segment of it, has positioned itself as a key player in the ecosystem of it through a manufacturing partnership of original equipment (OEM) with the American Chip Production Giant Nvidia. This collaboration involves designing advanced GPU systems using the Blackwell GB200 platform of NVIDIA, a foundation stone of the company’s growth strategy in it.

“It has emerged as a main increase in growth, contributing to about 14.7% of the company’s operating income in the nine -month period of the financial year 25, reflecting a year by year 136.3%,” Sanjay Lodha, chairman and director Netweb Technologies manager, said in a recent investment call.

Deepseek’s devastating entry into the space he has shocked the trust of investors in all markets. Hangzhou-based startup has launched an assistant to one who promises performance comparable to the highest level chat, while relying on lower cost chips and less energy. This innovation has cast doubt on the long -held belief that advances and it would look for increasingly sophisticated and expensive equipment, a major income propulsion for companies like NetWeb.

The result was evident in global markets. The Pan-European Stoxx 600 index fell by 0.7% on Monday, aggravated by the decline in technology stock. Nasdaq Competosite’s future contracts in the US fell 3.1%, while Nvidia, Tesla and Meta shares saw all the decline in European early trading, with Nvidia shares listed in Frankfurt that fell nearly 7%.

NetWeb’s close ties to Nvidia make it particularly vulnerable to changes in the hardware landscape. As a production partner for Nvidia’s most advanced platforms, the company has been the beneficiary of sector expansion, but the emergence of low -cost challengers as a Deepseek poses a direct threat to this growth story. Founded in 2023 by Liang Wenfeng, Deepseek gained quick withdrawal with its open -sourced artificial artificial intelligence patterns and a well -known app, raising questions about how the global technology ecosystem will fit its access at lower cost and lower power.Read also | Operator Stocks Indigo Interglobe Aviation increase by 1.5%, Goldman Sachs and Kotak reduce target prices

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