Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history
- DeepSeek's AI assistant development cost only $6 million, raising concerns about the demand for Nvidia's chips as AI models may be developed more cost-effectively.
- Former Intel CEO Pat Gelsinger stated that the market reaction is incorrect and believes lowering AI costs will expand the market.
- Kayla Blomquist noted that there is a potential shift in monetization strategies for U.S. AI firms due to the emergence of less resource-intensive model development.
496 Articles
496 Articles
Episode 4225: Deepseek Sinks Nvidia - Stephen K Bannon's War Room
Stay ahead of the censors – Join us warroom.org/join Aired On: 1/27/2025 Watch:On X: @Bannons_WarRoom (https:///Bannons_WarRoom)On the Web: https://www.warroom.orgOn Gettr: @WarRoomOn Podcast: Apple, iHeart Radio, GoogleOn TV: PlutoTV Channel 240, Dish Channel 219, Roku, Apple TV, FireTV or on https://AmericasVoice.news. #news #politics #realnews The post Episode 4225: Deepseek Sinks Nvidia appeared first on Stephen K Bannon's War Room.
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