CNBC’s Jim Cramer on Friday told investors DeepSeek might not pose as serious a threat to Nvidia’s sales as many investors feared this week.
CNBC's Jim Cramer on Friday told investors DeepSeek might not pose as serious a threat to Nvidia's sales as many investors feared this week, saying the Chinese artificial intelligence startup may not have told Wall Street the full story.
He suggested there's a possibility that DeepSeek spent more on its program than investors believe, referencing a new report from SemiAnalysis, a semiconductor research and consulting firm that said the company's report may be misleading.'s sales as many investors feared this week, saying the Chinese artificial intelligence startup may not have told Wall Street the full story about its large language model.
"Is DeepSeek an alternate universe that bodes terribly for Nvidia's pricing down the road? Hey, anything's possible," he said."But if you had to design the most punitive way to bring down the price of this great stock, you'd invent something like DeepSeek."Earlier this week, investors were stunned to find out DeepSeek developed an AI model that it said cost $6 million to make — significantly less than what its peers spend on such programs.
"I think the SemiAnalysis piece is spot on," he said."It may just be one more long knife aimed at Nvidia, and nothing more." These are the top 10 winter travel destinations on Gen Z's bucket list—including one with a ‘rising culinary and art scene'Trump Administration
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