Stubsack: weekly thread for sneers not worth an entire post, week ending 2nd February 2025
https://awful.systems/post/3382551
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Live: Chinese AI bot DeepSeek sparks US market turmoil, wiping $500bn off major tech firm
Shares for leading US chip-maker Nvidia dropped more than 15% after the emergence of DeepSeek, a low-cost Chinese AI bot.
www.bbc.com/news/live/cjr85l2e4l4t
lmao
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Is it too early to hope that this is the beginning of the end of the bubble?
Also, does someone know why broadcom was also hit so hard? Is it because they make various networking-related chips used in datacenter infrastructure?
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When hedge funds decide to flip the switch on something the reaction never looks rational. Meta was green today ffs.
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text/gemini