Nvidia Dismisses China AI Threat, Says DeepSeek Still Needs Its Chips

Nvidia has responded to the market panic over Chinese AI group DeepSeek, arguing that the startup's breakthrough still requires "significant numbers of NVIDIA GPUs" for its operation. The US chipmaker, which saw more than $600 billion wiped from its market value on Monday, characterized DeepSeek's advancement as "excellent" but asserted that the technology remains dependent on its hardware.
"DeepSeek's work illustrates how new models can be created using [test time scaling], leveraging widely-av