How is deepseek bearish for nvda

What do people on Reddit think?

🚨 Reddit sentiment: mixed/negative - While there are positive views on the potential of new consumer applications for NVDA hardware, many comments highlight concerns about reduced need for high-cost GPUs and investor scrutiny over valuation, indicating a bearish impact. Summarized comments: - Deepseek allows for significant cost reductions by using open-source models and reinforcement learning, reducing the need for extensive computing power - The approach of Deepseek may open new markets for NVDA GPUs as users can run it locally on consumer hardware - Deepseek's impact on the market might indicate less reliance on large-scale computing infrastructure which could affect NVDA's traditional market - Some users believe the development could extend NVDA’s market by allowing more consumer-grade applications - There is a realization that GPU demand may not grow as expected if efficient computing techniques decrease the need for high-end GPUs - Concerns are voiced about investors questioning high valuations amidst developments like Deepseek - Some view the wider discussion on AI and Deepseek developments as bullish for NVDA Stock tickers discussed: $NVDA