DeepSeek launched a free, open-source large language model in late December, claiming it was developed in just two months at a cost of under $6 million.
Nvidia cards were the only GPUs used to train DeepSeek v3 and R1. So, that narrative still superficially holds. Other stocks like TSMC, ASML, and AMD are also down in pre-market.
It literally defeats NVIDIA’s entire business model of “I shit golden eggs and I’m the only one that does and I can charge any price I want for them”
Turns out no one actually even needs a golden egg anyway
Nvidia cards were the only GPUs used to train DeepSeek v3 and R1. So, that narrative still superficially holds. Other stocks like TSMC, ASML, and AMD are also down in pre-market.
Yes, but old and “cheap” ones that were not part of the sanctions.
Ah, fair. I guess it makes sense that Wall Street is questioning the need for these expensive blackwell gpus when the hopper gpus are already so good?