Morgan Stanley has doubled down on its bullish uranium call, shrugging off the recent pullback in the controversial energy source as “overdone” after the DeepSeek fallout.
ASX-listed uranium stocks, including Boss Energy, Deep Yellow and Paladin Energy, saw sharp declines in late January, tumbling more than 10 per cent in a single session. The sell-off was triggered by claims that Chinese artificial intelligence disruptor DeepSeek was developed at a fraction of the cost and computing power of OpenAI’s equivalent model.
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