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?
Here is an article on the subject: Why Is DeepSeek Sinking Nvidia Stock?
What do you think about it?
I am not against OpenAI or DeepSeek as more the competition, the better it is for the End user. Previously you have to pay 200$ for using the full version of OpenAI but now even a better model developed made is China is totally free.
Why i think that DeepSeek has not only burst the US tech bubble but it has raised many questions on the supremacy of USA. United States was playing not a fair game by not letting Nvidia to send their latest chips to China so they remain behind in AI, but guess what, with the older chips, they are able to develop a more better AI model in more cheaper price.
