DeepSeek AI Disrupts US and Taiwan Tech Markets (Full Transcript)

Speaker 1: DeepSeek, a Chinese AI, released recently, all of a sudden pulled the rock from under the technology space, especially the semiconductor space in the US and in Taiwan this morning. I guess the short version of a much longer story is that DeepSeek is incredibly more efficient than OpenAI, for example, right? Is that a big thing? Well, initially, yes, because obviously from the hardware perspective, right, if you need fewer GPUs to run more models, that could be a short term issue for Nvidia, right? We obviously know that it is priced to some sort of perfection. Now we have expectations of a doubling of the top line this year, and probably around 80% on top of that next year. At least we had those expectations before today. And for a stock that is so dependent on its growth trajectory, even one or two quarters with disappointments will probably be enough to alter the trend substantially.