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cheaper lower end chipsCNBC
•Technology
Technology
44% Informative
A Chinese outfit called Deep Seek purportedly figured out a way to get much more out of Nvidia 's cheaper lower end chips.
Instead of spending hundreds of millions of dollars on hardware to build and train an AI model, Deep Sea claims it only spent 6,000,000 and got something almost as good if not better AI for the masses.
If prices are indeed coming down, then so are the earnings estimates, which means NVIDIA stock is too high.
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