Kinda seems like a huge mistake to devaluate nvidia because of deepseek. Deepseek has proven that LLMs can be run much more cheaply than previously thought, the nvidia cards can now do much more than previously thought possible. What am I missing?
Nvidia's valuation was based on the premise that OpenAI was going to be spending seven trillion dollars on infrastructure, most of which would go to Nvidia, because it was impossible to make the ultimate mediocrity machine without that level of investment.
Furthermore, the DeepSeek team claims they did this on relatively old GPUs, the kind that there are already tens of thousands of shipping containers worth of in crypto and llm farms today, that everybody was expecting to need to turn over every 18 months.
DeepSeek was built using older chips, but NVDA was priced on the premise that newer chips were almost a requirement for anyone seriously investing in machine learning.
Another factor was the open-sourcing of DeepSeek, which makes larger hardware investments harder to justify. Nvidia will continue selling, this is just a momentary stock price correction.
The part you're missing is the complete lack of rationality in the near term stock market.
The thing is Nvidia hardware is in such high demand it won't really matter. There is way more demand than there is manufacturing capacity.
The thing is Nvidia hardware is in such high demand it won't really matter. There is way more demand than there is manufacturing capacity.
To add, there's movement in the government to subsidize AI with giant GPU farms (with their own power source, et.). Of course, I am pretty sure they'll go with it anyway despite it being overkill.
it's still too high, it can fall much, much more
I remember when graphics cards were for, you know, graphics.
Anyway, go team red.
Do any of you even trade?????? Zoom the fuck out.
Yah, this doesn't show the crazy ramp up over the last 3 years, including splits.
That's what I say every time people talk shit about BTC, but I still get downvoted anyway because NFTs and meme coins ruined crypto.
Savage.
I would be all for this if I didn't run into a couple thousand dollars and threw it into nvidia for the purpose of hoping I'd be able to retire one day
It's tied to a fair number of retirement accounts so your not alone, and things like this usually even out long term. That said, diversify your investments going forward in case a company folds or is sold off to Elon Musk, etc.
This image makes me smile. I'll just stick to indie stocks, tyvm.
