Nvidia Corp. and ASML Holding NV shares plunged early Monday as Chinese artificial intelligence startup DeepSeek appeared to provide comparable performance to Western chatbots at a fraction of the price.
I think the big question is whether people find new uses for all these Nvidia chips or not. Maybe crypto will flare up again or something new comes along. It does look like AI as a vehicle for chip demand is dead now though.
yes I saw and appreciated that analysis, I wondered whether the last 24 hours and/or markets opening have had an impact on your view of the impact on the wider economy in the short to medium term
Goldman is apparently warning about spillover as of 10 minutes ago on ft.com
We’ll have to wait a bit to see how this develops. There’s an absolute panic in the market right now, but we’ll see if people calm down in a few days. I think the key question is going to be around the demand for Nvidia chips going forward.
I wrote some thoughts on this here https://lemmygrad.ml/post/6841053
I think the big question is whether people find new uses for all these Nvidia chips or not. Maybe crypto will flare up again or something new comes along. It does look like AI as a vehicle for chip demand is dead now though.
yes I saw and appreciated that analysis, I wondered whether the last 24 hours and/or markets opening have had an impact on your view of the impact on the wider economy in the short to medium term
Goldman is apparently warning about spillover as of 10 minutes ago on ft.com
We’ll have to wait a bit to see how this develops. There’s an absolute panic in the market right now, but we’ll see if people calm down in a few days. I think the key question is going to be around the demand for Nvidia chips going forward.