AI-exposed power stocks get crushed as fears about DeepSeek trigger stock market sell-off

AI-exposed power stocks were swept away with tech’s sell-off Monday as advances in AI made by Chinese start-up DeepSeek raised questions over AI spending levels at US companies and their dominance of the market.

Constellation Energy (CEG), the largest nuclear plant operator in the US, tumbled a record 19%, while electricity generator Vistra Corp (VST) sank a record intraday of 29%. Power equipment maker and servicer GE Vernova (GEV) declined 21%. Even nuclear power startup Oklo (OKLO)…