DeepSeek Claims to Threaten NVIDIA's Moat—Here's Why Jensen is Going to Keep Laughing to the Bank

NVIDIA opened down something like 11-12% today. Microsoft took a bath in early trading—to the point where Satya was tweeting about Jevons last night lol—the sellers don't understand how AI works

I was going to do a longer post on how DeepSeek actually works, and I probably still will. But hey, you can’t pick market timing and we clearly need to have a conversation about some of the more absurd assumptions that are driving the rumor mill right now.

Over the weekend of January 25-26, DeepSeek hit #1 in the iOS App Store. Even though Apple can’t re…