Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision.
The announcement of Deepseek, a rival company of AI from China, being able to produce AItechnology at a much lower cost. But if you look deeper, everything is premature.
The cost of research and execution is not even taken into account yet. So I really do not believe this will change the landscape and potential of US based AI companies.
It just makes them cheaper and at a discount, if you are a long term trader. So I believe NVDA will bounce back, and bounce back hard if it does.
@madluvyz - Specialist in using TA to sell options and swing trade.😺
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