As a result, Nvidia is currently down 17% in today's session, and the Nasdaq is down 3.32%. As you may have noticed it has affected the markets in general and also bitcoin and cryptocurrencies which are also trading down today.
Here is an article on the subject:
Why Is DeepSeek Sinking Nvidia Stock?What do you think about it?
honestly it's just a panic sell nothing more, let us speak logically despite the fact that deepseek require lesser money to develop but ultimately they still use NVIDIA's CUDA library for development purpose since they use NVIDIA H100 it seems, the semiconductor industry honestly shouldn't even be affected but just because people like striking news and majority have no idea what they are investing in especially when it comes to bleeding edge tech company, they just selling it out of fear.
on the other hand, there's literally no threat going against NVIDIA as a company, even china's semiconductor is still falling behind, honestly in my opinion, this news shouldn't even affect the market this bad.