Not to despair - NVIdia stock plunged 17% today which is almost 600 billion dolars lost in one single day due to the Chinese startup DeepSeek
5 replies (most recent on top)
it is the JC effect. AI or PC refresh, or both, or t-shirts.
Buying opportunity is being created
Dell is a manufacturing company, not an AI company, it's never claimed to be. AI runs on Dell, Dell doesn't build AI nor has it ever claimed to or pursued doing. It amazes me how many people can work at a company and have no idea what they do or how they exist within a market.
Dell fu---d around. Now they are in the “find out” period.
I personally won’t be signing up to a Chinese AI provider, but it does mean this stuff will be far more accessible at a much lower cost, others will follow.
If true and others enter the market, our business recovery based on a Nvidia chip great AI refresh gamble will be looking slightly misguided.