$NVIDIA(NVDA)$ next support is $120/121?
DeepSeek Forces Nvidia Down? AI Logic Changing?
On January 24th, a thread posted on the anonymity platform teamblind went viral. A Meta employee claimed that Meta is now in panic mode internally because of DeepSeek's models.
Some investors have even pointed to DeepSeek's blowout as the reason for Nvidia's fall on Friday: because the company appears to have built a groundbreaking AI model at a fraction of the cost and without the use of cutting-edge chips.
Do you think DeepSeek's emergence will be a short-term or long-term bearish factor for Nvidia?
Would you buy the dip or wait?
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