
Originally Posted by
Furryrat
The market issue is the thesis that massive compute power is needed to run these models. That is now in question, which has caused the sell-off in Nvidia today, down 17% at the moment. Nvidia down big means Nasdaq down big. The Dow is basically flat today. Oh, and the realization that China may be ahead in the AI race, even though big bad Biden supposedly cut their access to Nvidia chips. So.
Oh, and SJM (JM Smucker, maker of Folgers coffee) is up 3% today, tariffs must be good for stocks!