Was Nvidia killed by Deep Seek?

This last week we had a crazy turn of events in the market.

And everybody turn their head to the "Deep Seek" market intrusion saying that Nvidia chips are deprecated and USA's AI is done.

But what they don't know is this...

High-Flyer, the Org that is behind Deep Seek was buying since 2021 the Nvidia A100 boards, boards that are prohibited to be exported to China, because of their capabilities.

And High-Flyer uses between 2000 (official numbers) and 50.000 (unofficial numbers) of ...hear this...NVIDIA Boards and NVIDIA Chips.

Still Nvidia!

So the market's crush was just a "Sales" week in the market and tech world.

Nvidia didn't lost $500 Billions, they had a discount of 16% in their share price, discount that I did, of course, used and bought some.

At the moment that I am writting this post, Nvidia got back from $115 to $125 a share.

"Buy when there's blood in the streets, even if the blood is your own." -Baron Rothschild

So yes, my Nvidia shares where bleeding, and it was my own, and I did got more.

One of my main rules are "Go against the markets feeling".

1. When is up, I wonder why and go with care.
2. When it is down, I think on long term and buy based on value.

But even if the rumors about Deep Seek destroying Nvidia where true, it would still be great news. Since we only get better when we compete, so that will push further the AI run and investments, which would rocket the IT market, so....still good news.

“I wish upon you ample doses of pain and suffering.”- Jen-Hsung Huang, Nvidia CEO

Knowing that are words from Nvidia CEO's makes me trully believe he loves competition, so I bought.

Now, remember, dont fall for reds or greens, search for the correct information out there and make questions, it is the only way.