Why DeepSeek Is Sinking Nvidia Stock?
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DeepSeek's release of its open-source AI model, DeepSeek-R1, which outperforms models from OpenAI and Meta, is impacting Nvidia's stock. The model's success could reduce demand for Nvidia's AI hardware.
January 27, 2025 | 3:30 pm
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DeepSeek's AI model, DeepSeek-R1, outperforms competitors and may reduce demand for Nvidia's AI hardware, negatively impacting its stock.
DeepSeek's AI model, DeepSeek-R1, is open-source and outperforms models from OpenAI and Meta. This could lead to reduced demand for Nvidia's AI hardware, as companies may opt for more efficient or cost-effective solutions, negatively impacting Nvidia's stock.
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