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- Embed this noticeNvidia tanking because of DeepSeek is stupid. In an AI goldrush, Nvidia is selling pickaxes. But because the new gold vein was discovered in China instead of California, investors sell the pickaxe company? Even when China is using Nvidia's pickaxes? I could see this being a threat to Closed AI and other proprietary model makers, but DeepSeek being actually open means more GPU demand to run the model from a larger pool of customers. I sometimes wonder what investor's concept of AI is.