NVIDIA (Nvda) The action dropped by almost 17 % on Monday, leading to a massive sale of flea and market actions in general after a new AI model of the Chinese company Deepseek has raised questions on investments in the IA and the rise of more profitable artificial intelligence agents.
Chinese startup Deepseek has published a new IA model January 20 consulted Like a threat to Openai. American venture capital Marc Andreessen described the model of “One of the most amazing and impressive breakthroughs I have ever seen. “
The news arrived just a month after Deepseek said that training one of its latest AI models only cost $ 5.6 million. OPENAI’s GPT model costs more than $ 100 million Train.
These announcements have feared that AI models are beginning to require fewer fleas and energy they are currently considering. NVIDIA has become the largest company in the world thanks to the explosion of demand for its high -end chips which help to train AI models.
“If Deepseek innovations are widely adopted, it could be argued that model training costs could lower considerably, even among American hyperscalrs, which could raise questions about the need for 1 million XPU/GPU clusters As some plan, ”wrote Srini Pajjuri, analyst of the semiconductors of Raymond James, in a note to investors on Sunday evening.
Flea stocks also dropped in all areas before marketing on Monday, with Broadcom (Avgo) down more than 18 %, Micron (UM) almost 13 %, and Advanced Micro Devices (Dmla) down more than 6%.
However, Pajjuri continued: “More logical involvement is that Deepseek will even more encourage American hyperscalers to take advantage of their key advantage (access to GPUs) to stand out from cheaper alternatives. »»
Bernstein analyst, Stacy Rasgon, has also questioned the training cost of $ 5.6 million for the Deepseek model, which “does not include all other costs associated with previous research and experiences on architectures , algorithms or data “.
Rasgon believes that Deepseek’s announcement was “not really worthy of hysteria that invaded Twitterverse in the past few days”.
Strengthening export restrictions to the United States Announced in recent days of former president Joe Biden could also threaten Deepseek’s ability to continue to train new models.
The new rules limit China’s ability to buy NVIDIA ia fleas through resellers and access fleas in distant data centers. And China is not allowed to import the most advanced chip manufacturing machines necessary for the manufacture of AI chips of the Dutch company ASML (ASML).
At the same time, the United States increases its investments in its own IA infrastructure.
President Trump announced last week The Stargate AI projectwhich plans to immediately invest $ 100 billion to build data centers and other infrastructure in the United States-with the financing of SoftBank, Oracle, Openai and MGX, based in the United Arab Emirates-to feed artificial intelligence generative. The project would involve an additional $ 400 billion in spending over the next four years.