I think DeepSeek and its deployment is a calculated market manipulation of the US stock market specifically including NVDA and other AI stocks as 1) it’s released on a weekend before the Monday trading; 2) certain news and SNS started praising it bitching other US AI co everywhere even without verifying its shortcoming and its service terms; 3) it’s made by a hedge fund in China; 4) that Chinese HF apparently obtained restricted NVDA chips for its training, if they did have some training; 5) it just so happened the week prior “The $125 put expiring on February 19, 2025, saw a significant open interest increase by 18.51K contracts, indicating increased bearish sentiment.” ( https://www.ainvest.com/news/whale-moves-nvda-125-put-soars-vix-50-call-sees-major-increase-250110104f8b588030e399aa/ )
Well the product actually works but yeah timing does look like it was strategically planned to hit nvidia.
But it ain't a crime to develop better product. It is amazing how us corpos react to a competitor, it is pathetic frankly.
They act like only they are allowed to win, and if they don't fed gov needs to shut down the competition.
If we doing capitalism, may as well have that sweet free market competition we keep hearing about.
Frankly I don't need capitalism aka oligarch owning key sectors of economy but a free market is the hill I die on as an enjoyer of freedom and a pedon.