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Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff
(www.bloomberg.com)
News from within the empire - From a leftist perspective
yes I think the demonstrative efficiency gains of the deepseek model put a big question mark behind nvidia's valuation, as the main hardware supplier of the "AI revolution"
Makes me wonder how much collusion there was to make US AI as resource intensive as possible to (a) generate demand in chips, which is (i) related to the trade war involving Chinese chips and (ii) was intended to keep the US ahead of the game and (b) ensure a need for fossil fuels (i) in itself and (ii) to undermine China's lead in green energy. There's not just the stock price to consider but the geopolitical angle.