AI DeepSeek Shakes Up Stocks as Traders Fear for US Tech Leadership

What do people on Reddit think?

🚨 Reddit sentiment: mixed/negative - While there is recognition of potential opportunities and benefits for certain companies like Nvidia in the long run, there are significant concerns about reduced reliance on large tech firms and potential negative impacts on their markets, leading to an overall mixed but predominantly negative sentiment. Summarized comments: - DeepSeek's open-source release allows companies to access AI technology comparable to products like ChatGPT more cheaply without investing heavily. - Concerns exist about Nvidia's market as DeepSeek potentially reduces the need for high-end GPUs, but Nvidia may still benefit as the technology evolves towards serving models at scale. - There's criticism that people are underestimating DeepSeek's impact, which could shake up the AI landscape by reducing reliance on major AI companies like OpenAI and Google. - The market might be overreacting or misunderstanding DeepSeek's impact on AI stocks, as some see opportunity while others view it as a disruption. - DeepSeek's achievements allow AI models to be trained on lower precision hardware, potentially decreasing Big Tech's inflated valuations. - Companies like Google might adapt by integrating these new methodologies into their products quickly. Stock tickers discussed: $NVDA, $GOOG