In January, China’s DeepSeek AI sparked a sell-off in artificial intelligence (AI) stocks after sharing breakthroughs in developing highly efficient training and inference algorithms for large language models. In other words, DeepSeek’s AI models showed maybe big tech companies don’t have to spend hundreds of billions of dollars on the most advanced GPUs available for their data centers.
The sell-off accelerated recently after Nvidia (NASDAQ: NVDA) reported earnings and President Donald…
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