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I Saw NVIDIA’s $500B Meltdown, Did DeepSeek Just Change Everything?

Technical Sharan
4 min readJan 28, 2025

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NVIDIA lost $500 billion as DeepSeek emerged as a serious OpenAI competitor, Questioning performance and efficient use of AI Chips to Train LLM models

Image Credit: Hans Eiskonen

Bruh, did that just happen??!!”
That’s exactly what I said when I saw NVIDIA take a $500 billion nosedive. One moment, it was the undisputed king of AI chips, then next, boom💥 half a trillion dollars wiped off the market. 💸🔥

But here’s the thing… I kinda saw this coming? And no, I don’t have a crystal ball 🧙‍♂️ or some insider tip. I just paid attention to something that most people ignored — DeepSeek.

If you haven’t heard of it yet, buckle up, because this AI powerhouse might have just changed everything. 🚀

The $500 Billion Bloodbath, What Really Happened? 📉🚀💥

So, let’s break it down , NVIDIA’s stock didn’t just fall; it plummeted like a rock off a cliff! 😱 We’re talking about a jaw-dropping $500 billion in market value gone in a matter of weeks. 💸 What caused this rollercoaster? Well, it wasn’t just a random dip. But the real kicker? DeepSeek made its grand entrance into the AI space. 🤯 Suddenly, the dominance NVIDIA thought it had in the AI chip market was seriously threatened. People started to realize…

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Technical Sharan
Technical Sharan

Written by Technical Sharan

I am a data scientist passionate about AI and its potentials. And love to write about my experiences in the tech industry and latest tech developments.

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