Why Apple Stock Dodged the DeepSeek AI Rout

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David Paul Morris / Bloomberg via Getty Images Key Takeaways Apple was one of the few mega-cap tech stocks rising on Monday amid a rout that sank shares of cloud hyperscalers, AI chip makers and nuclear power providers. A sophisticated AI model from Chinese startup DeepSeek, reportedly developed without the advanced chips that power U.S. models, shook Wall Street's confidence in the AI trade that's propelled stocks to record highs. Some analysts said the efficiency of DeepSeek's model "offers some hope" that Apple can develop AI-capable devices more easily and at less expense than previously expected. Shares of Apple (AAPL)...