0030 GMT - Industrial property owner Goodman has long been a darling of investors, but its shares fall 7.1% today amid the global tech rout. Goodman is betting big on data centers globally as artificial intelligence and cloud computing booms. News that China's DeepSeek had trained a sophisticated AI model at a fraction of the cost of its Silicon Valley rivals has rattled investors in Goodman, which had risen more than 50% in value through last week. In a note, Citi says DeepSeek's advances may ultimately be positive for Goodman and other data-center stocks. "In our view, DeepSeek most likely drives further demand for data centers globally with advanced computational capabilities, high capacity storage, robust networking, energy efficient designs and infrastructure," the bank says. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
January 27, 2025 19:30 ET (00:30 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。