This financial podcast episode discusses the impact of DeepSeek, a new Chinese AI application, on the AI market and related stocks. The hosts, Dave, Chris, and Jordan, analyze DeepSeek's surprisingly low development cost and its potential to disrupt the industry, focusing on the winners and losers among major tech companies. They debate the implications for companies like NVIDIA (whose stock price plummeted), and discuss potential beneficiaries such as Meta and Amazon due to their large user bases and cloud infrastructure. Chris's initial trade was to sell all his NVIDIA stock upon learning of DeepSeek, highlighting the immediate market reaction. The discussion concludes with speculation on the future of AI and the potential impact on various companies' stock prices.
