create account

DeepSeek crashes Nvidia and ASML... Why this is good! by pele23

View this thread on: hive.blogpeakd.comecency.com
· @pele23 ·
$2.84
DeepSeek crashes Nvidia and ASML... Why this is good!
# 2 trillion stock value

DeepSeek, a Chinese startup can create the same as ChatGPT, CoPilot, Grok, etc... for 1/1000th of the cost OpenAI, X, Microsoft and Google are spending on their AI programs. This is the technology news of the day, with a huge economic impact, on the short term, but definitely on the long run too. 

DeepSeek manages to perform even better than ChatGPT without the monster chips from Nvidia, they are doing it with simple GPU's instead of thousands and thousands of the 40000 USD chips of Nvidia. Their costs run in the millions instead of in the billions like with OpenAI, Microsoft and Google. And let us not forget the Stargate plan of 500 billion USD, Donald Trump has launched.

 https://img.inleo.io/DQmNovR3szmKMojNGrb7yNra79RZyLGRYbzAV3tUBRJebzm/https___static.standaard.be_Assets_Images_Upload_2025_01_27_ba7ecd59-fe3f-44c7-b9a8-ecc70c6c02a7.jpg 


The result of this news is that at one moment about 2 trillion dollars worth of stock value just evaporated, mainly from the Nasdaq. Most of it went away from Nvidia that lost 10 % of its value today, but also ASML lost 11 % today, and many others.

# Cost efficiency

This is in my opinion actually a good thing. The narrative was that if you wanted to mean something in the AI world, you had to buy thousands of Nvidia chips, and throw a couple billion of USD at it to create enough compute that was capable of making a good AI model. There was no more search for cost efficiency, which is always a good thing for the economy. It was a game of more and more compute, no matter what the cost was, it would repay itself later.

This news means competition, and competition is always a good thing in a capitalist economy! For the Nvidia holders, it is a hard day to swallow, but Nvidia will have to become more cost efficient now. And eventually also that will pay off for the stock holders!

Have a great week, people!

Sincerely,

Pele23

Posted Using [INLEO](https://inleo.io/@pele23/deepseek-crashes-nvidia-and-asml-why-this-is-good-dcq)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 42 others
properties (23)
authorpele23
permlinkdeepseek-crashes-nvidia-and-asml-why-this-is-good-dcq
categoryhive-167922
json_metadata{"app":"leothreads/0.3","format":"markdown","tags":["hive-167922","economy","vyb","bbh","cent","creativecoin","proofofbrain","archon","lassecash","neoxian"],"canonical_url":"https://inleo.io/@pele23/deepseek-crashes-nvidia-and-asml-why-this-is-good-dcq","links":["https://inleo.io/@pele23/deepseek-crashes-nvidia-and-asml-why-this-is-good-dcq)"],"images":["https://img.inleo.io/DQmNovR3szmKMojNGrb7yNra79RZyLGRYbzAV3tUBRJebzm/https___static.standaard.be_Assets_Images_Upload_2025_01_27_ba7ecd59-fe3f-44c7-b9a8-ecc70c6c02a7.jpg"],"isPoll":false,"dimensions":{}}
created2025-01-27 17:02:51
last_update2025-01-27 17:02:51
depth0
children3
last_payout2025-02-03 17:02:51
cashout_time1969-12-31 23:59:59
total_payout_value1.428 HBD
curator_payout_value1.409 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length2,024
author_reputation353,532,519,745,265
root_title"DeepSeek crashes Nvidia and ASML... Why this is good!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,344,711
net_rshares5,879,099,096,303
author_curate_reward""
vote details (106)
@chinito ·
yh oh.. NVDA,, :P well, leave it to the Chinese. (I am half) :)
👍  ,
properties (23)
authorchinito
permlinkre-pele23-sqt7tq
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2025.1.3","image":[],"users":[]}
created2025-01-28 17:41:48
last_update2025-01-28 17:41:48
depth1
children0
last_payout2025-02-04 17:41:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length63
author_reputation194,626,667,669,394
root_title"DeepSeek crashes Nvidia and ASML... Why this is good!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,373,513
net_rshares32,543,175,720
author_curate_reward""
vote details (2)
@lasseehlers ·
I only know that Grok 2 knows me: https://www.lassecash.com/@lasseehlers/lasse-ehlers-is-a-known-figure-in-the-cryptocurrency-market-and-the-internet

And chatGPT dont know me for some reason...

I am highly sceptical of AI in general, I see the tech, but I also know that it is mostly Illuminati that feed them giving their opposit of the truth view.... so basically we need a true free market AI, maybe some are working on it, but I am highly septical, so many people will get harder brainwashed from these illuminati AIs now...

on the other hand I play with Grok 2 these days as you can see in my posts.

Posted using [LasseCash](https://www.lassecash.com/@lasseehlers/re-pele23-m6g0j4ew)
👍  
👎  , , , , , ,
properties (23)
authorlasseehlers
permlinkre-pele23-m6g0j4ew
categoryhive-167922
json_metadata{"tags":["lassecash"],"format":"markdown","canonical_url":"https://www.lassecash.com/@lasseehlers/re-pele23-m6g0j4ew","app":"lassecash/1.2.0"}
created2025-01-28 05:04:21
last_update2025-01-28 05:04:21
depth1
children0
last_payout2025-02-04 05:04:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length692
author_reputation-19,498,697,845,818
root_title"DeepSeek crashes Nvidia and ASML... Why this is good!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,359,009
net_rshares-51,079,217,879
author_curate_reward""
vote details (8)
@takhar ·
I like the name of the startup, DeepSeek! China isn't that behind in the AI race, after all. Some experts have said they only played catch up in the last 6 months. Interesting weeks ahead for this sector. 
👍  ,
properties (23)
authortakhar
permlinkre-pele23-2025127t201839416z
categoryhive-167922
json_metadata{"type":"comment","tags":["hive-167922","economy","vyb","bbh","cent","creativecoin","proofofbrain","archon","lassecash","neoxian"],"app":"ecency/3.2.1-mobile","format":"markdown+html"}
created2025-01-27 20:18:42
last_update2025-01-27 20:18:42
depth1
children0
last_payout2025-02-03 20:18:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length205
author_reputation102,276,103,674,425
root_title"DeepSeek crashes Nvidia and ASML... Why this is good!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,349,698
net_rshares33,156,638,334
author_curate_reward""
vote details (2)