Nvidia Corp. and ASML Holding NV shares plunged early Monday as Chinese artificial intelligence startup DeepSeek appeared to provide comparable performance to Western chatbots at a fraction of the price.
We’ll have to wait a bit to see how this develops. There’s an absolute panic in the market right now, but we’ll see if people calm down in a few days. I think the key question is going to be around the demand for Nvidia chips going forward.
We’ll have to wait a bit to see how this develops. There’s an absolute panic in the market right now, but we’ll see if people calm down in a few days. I think the key question is going to be around the demand for Nvidia chips going forward.