So, DeepSeek is a Chinese startup that has shaken up the global tech sector, challenging America's dominance in the field. The company is already being called the "Nvidia killer."
Nvidia shares reacted negatively to the events, falling by 17% in 24 hours, or $465 billion, which became an absolute anti-record for the stock market. The Nasdaq 100 index and $BTC also declined.
The DeepSeek app has already managed to take first place in the American App Store, overtaking ChatGPT.
DeepSeek questions the sky-high valuations of US AI giants and proves that it is possible to develop powerful AI models at a lower cost.
Analysts' opinions:
Peter Schiff: "China Beats US to AI with DeepSeek"
JPMorgan: “AI Investments Are Overvalued, DeepSeek Technologies Could Lead to Development of the Field.”
Bernstein: "Panic is overblown, Nvidia and Broadcom shares will likely remain highly rated."
#DeepSeek #NVIDIA #gantttzeu #DeepSeekImpact $ETH
