Nvidia Stock Slides Overnight On Robinhood As China's DeepSeek Sparks Doubts Over GPU Spending Frenzy — Chamath Palihapitiya Highlights Report Indicating AI Holy Grail Cracked
Nvidia Corporation NVDA shares fell notably in overnight Robinhood trading on Sunday as China’s DeepSeek unveiled an AI model that reportedly offers cutting-edge performance at a fraction of the cost. This development has sparked doubts about the need for massive GPU investments. What Happened: DeepSeek, …