DeepSeek's New Hyper-Efficient Model Stokes Fears Over Korea's Memory Makers
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Source: Zero Hedge
Published: 2026-09-12 02:25 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, Technology & AI, Asia Pacific
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Snippet:
Samsung Electronics and SK Hynix each fell more than 3% in Seoul on Friday after DeepSeek said its newest AI model needs a fraction of the memory required by its predecessor. Both stocks had been trying to recover from July's selloff and remain more than 25% below their highs. Local retail traders, who helped drive the rally earlier this year, have sold around $10 billion of the pair this month alone.
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