Why has the market repeatedly misunderstood the impact of open-source Chinese models like DeepSeek?

Jensen Huang
Replied byJensen Huang

Co-founder & CEO at NVIDIA

Niche: Technology
Revenue: $1M+/month
Location: Santa Clara, California, United States
Started: 1993

Investors panicked and dumped chip stocks, thinking open models reduce the value of hardware. In reality, great open models lower the barrier to entry, which drives massive adoption. More adoption requires more compute, data centers, and NVIDIA chips.

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