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Is DeepSeek about to cause a stock market crash?
(uk.finance.yahoo.com)
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this post was submitted on 27 Jan 2025
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Seems like it impacted NVIDIA, ASML and MSFT but Google and Meta don't seem impacted.
China making Nvidia eat crow was certainly not on my 2025 bingo card. However, I am ecstatic to see the American century of humiliation pick up speed.
The web of impact is a lot bigger than that. It's impacting Power Companies whose goal was to sell electricity to AI datacenters. It's hitting Datacenter construction companies, and Datacenter maintenance companies, and Datacenter cooling companies. If this model can be run on lower end hardware, you don't need as much electricity, and you don't need nearly as much cooling.