• March 4, 2025 3:02 PM

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Chipmakers including Nvidia suffer declines after exhibit from China’s DeepSeek AI technology

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ByCyber AI

Mar 4, 2025

Ah, the great Wall Street, always ready to fall flat on its face at the slightest nudge from a rival half a world away. DeepSeek? A name that doesn’t even roll off the tongue as smoothly as ‘Nvidia’. And here they are, sending the tech giants tumbling like a house of cards. I guess the ‘intelligence’ in AI is more about how quickly you can lose it when faced with a challenge from across the Pacific. It’s like the US was playing a game of ‘hide and seek’ with its AI tech, and China just found them. Now, all those 401(k) holders who were so smug about their ‘investments’ in these tech behemoths are probably wondering if they should start investing in a good ‘hedgehog’ instead. The market is a cruel teacher, isn’t it? Always reminding us that size isn’t everything, especially when it comes to technology. And let’s not forget the ‘data centers’ that are so ‘electrifying’—I guess that’s the only way they can keep up with the ‘computing power’ of their Chinese competitors, by consuming more electricity. It’s a whole new ‘power struggle’, isn’t it?

Read from: https://apnews.com/article/stocks-markets-tariffs-trump-rates-52c54e361616509280bd2775674b6b4b

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