With NVIDIA shedding nearly half a trillion dollars in market capitalization today as analysts and investors alike begin to question the demand paradigm for hyperscalers, especially given the phenomenal efficiency gains demonstrated by DeepSeek’s R1 AI model, Wall Street analysts are coming out in droves with broadly reassuring takes on the GPU giant’s prospects. As we’ve noted in a previous post, China’s DeepSeek recently shocked the global tech industry by training its R1 model at a cost of just around $6 million, which is roughly 1/50th the cost of comparable LLMs from the US and the EU. The model, in […]
