DeepSeek Disrupts Global Markets, NVIDIA Faces Major Hit (Full Transcript)

Speaker 1: One where DeepSeek has wiped out a trillion dollars in market valuation from the United States to Europe. What is DeepSeek? They are producing a Chinese AI product which will challenge the need for really high-end NVIDIA chips. You have the grey swan event of 2025. Trillion dollar wipeout. The Nasdaq was down by five percent. NVIDIA down by eleven and a half percent. This is an absolute challenge to the supremacy of NVIDIA and the high-end chips. If you can produce an AI model at that scale without the high-end chips, that has revolutionized. Look at this. NVIDIA down eleven and a half percent. This would be the single biggest market cap wipeout ever. Who picks up the slack? U.S. Treasury bonds. Yields down nine basis points there. So there's a massive move there. The dollar drops by a half of one percent. But look at the energy components here. Siemens energy down 19 percent. I give you the stats again. 97 percent less power at 50 times lower the price. DeepSeek, the number one app on the App Store.