Nvidia shares fell 3.12% after China’s DeepSeek unveiled an AI model that delivers cutting-edge performance at a fraction of the cost, raising concerns over the necessity of massive GPU-related spending.
Nvidia Stock Slides Overnight On Robinhood As China’s DeepSeek Sparks Doubts Over GPU Spending Frenzy — Chamath Palihapitiya Highlights Report Indicating AI Holy Grail Cracked
