Posted on 01/27/2025 6:50:46 AM PST by Red Badger
PING!.....................
If it is TRULY open-source (with the Chi-Coms there is ALWAYS a question) then this is a big deal. I have my doubts.
later
great buying opportunity, China lies about everything and steals everything.
claiming it was developed in just two months at a cost of under $6 million
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Anybody can claim anything. AI development efforts here may be costly but this “on the cheap” claim needs to be substantiated. If true, it could be a game changer, but such claims need to be verified.
“Nvidia plummets 11%”
That is hilarious. NVDA 1 year total return is 132%!
I’m not a bit surprised. AI is to the point where businessmen have taken over and like any tech heavy industry once a technology is marketed it advancement freezes to reap profits.
Woo, that’s ugly! Around the new year I got entirely in cash and locked in great gains, including from NVDA — but then it climbed up very nicely and I had a sad at the gains I missed. Until now. :^o
I agree. Big Tech should not assume that there is truth to this, because China may have said so to slow down Western companies.
Caveat emptor................
That’s an interesting thought. With Trump just stepping into office the timing is particularly suspect.
Has any of this been verified or did the sheep just hit panic mode on marketing hype?
Likely to be shown as smoke and mirrors. The Chinese lie. And when they aren’t lying they’re just flat out making sh*t up.
CC
The stock market is essentially Las Vegas for the wealthy. They see a danger and flee like roaches when the light comes on...........
Everything China produces is absolute garbage. They spend more money on wrapping everything they produce in propaganda than they do in actual production.
Like I posted on the other thread;
Dumb thing about his is that Deepseek has 50k NVDA H100s. So they aren’t doing AI on the cheap, it’s not a low cost break though.
https://x.com/Banana3Stocks/status/1883784700566949986
https://x.com/TheTranscript_/status/1883097008900358262
What is scary is the numbers of people that are intentionally downloading and installing the Chinese spy-ware on their computers and smart phones.....................
“...The stock market is essentially Las Vegas for the wealthy. They see a danger and flee like roaches when the light comes on...........”
________________
Could we assume that Las Vegas is the stock market for the poor?
I own stocks, bonds and index/mutual funds and I’m not wealthy. I do however understand that the NYSE is a fickle institution. It’s not a place that will make one, or at least most of us, wealthy overnight. Maybe I should book a flight to Vegas?
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