We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Market Turmoil: DeepSeek's Impact on NVIDIA and Big Tech

Market Turmoil: DeepSeek's Impact on NVIDIA and Big Tech

2025/1/27
logo of podcast On The Tape

On The Tape
AI Deep Dive AI Chapters Transcript
People
D
Dan Nathan
知名金融分析师和评论员，常在 CNBC 上提供市场分析和评论。
E
Elizabeth Young-Thomas
G
Guy Adami
经验丰富的华尔街交易员和金融分析师，知名媒体人物。
L
Liz Young Thomas
Topics
Guy Adami: DeepSeek事件对市场造成了重大冲击，英伟达等科技股大幅下跌。DeepSeek作为一家中国AI公司，其开源大型语言模型的出现，可能降低AI模型训练成本，从而对现有科技巨头的巨额资本支出产生影响。这引发了市场对科技股估值过高的担忧，以及对未来盈利能力的质疑。 此外，DeepSeek事件也可能加剧中美科技竞争，并对美国政府的科技政策产生影响。 最后，从交易角度来看，Adami认为市场需要一次充分的回调来重置，而不是短暂的反弹。 Dan Nathan: DeepSeek事件暴露了科技股估值过高的问题，市场容错率低。投资者需要重新评估科技巨头的盈利能力和未来增长潜力。 Nathan还分析了DeepSeek事件对美联储政策的潜在影响，以及对其他行业的资金流向。他认为，如果大型科技公司资本支出放缓，将对经济增长产生负面影响。 此外，Nathan还关注了中国在AI领域的竞争力，以及中美科技竞争的未来走向。 Elizabeth Young-Thomas: AI领域仍处于早期阶段，DeepSeek事件提醒投资者，不要过早地认定赢家。市场对AI的过度乐观情绪可能导致估值过高，而DeepSeek的出现则加剧了这种担忧。 Young-Thomas认为，如果市场情绪受到严重打击，可能出现全面市场回调。但她也指出，一些非科技行业的公司，例如医疗保健和零售，可能受益于资金的流入。 此外，Young-Thomas还分析了美联储的政策立场，以及政府对科技行业的监管政策对市场的影响。她认为，美联储不太可能因为股市下跌而立即降息，但政府的政策可能会对科技行业产生影响。

Deep Dive

Chapters
The emergence of DeepSeek, a Chinese AI company, has sent ripples through the tech market, raising questions about the valuations of major players like NVIDIA, Microsoft, and Google. With claims of superior performance and lower compute costs, DeepSeek's technology challenges the substantial investments made by US tech giants in AI infrastructure. This development introduces uncertainty about future profitability and potential shifts in the competitive landscape.
  • DeepSeek's open-source large language model claims better performance and lower power usage compared to competitors.
  • The potential disruption caused by DeepSeek raises concerns about the high valuations of major tech stocks.
  • The market reaction highlights the vulnerability of companies with high valuations and concentrated revenue streams.
  • The competition from DeepSeek might pressure hyperscalers to increase spending or risk their investments becoming obsolete.
  • Apple's strategy of licensing AI technology appears prescient in light of DeepSeek's potential to lower infrastructure costs.

Shownotes Transcript

Guy Adami, Dan Nathan and Liz Young Thomas from SoFi, dive into the market turmoil precipitated by the introduction of DeepSeek, a Chinese AI company, and its impact on major tech stocks like NVIDIA, Microsoft, and Google. The conversation addresses the broader implications of AI competition on market valuations, the potential for increased regulatory and political pressures, and the Federal Reserve's stance on interest rates. The hosts speculate on the future landscape of AI investment and its effect on sectors like software, retail, and industrials. They also touch on upcoming key economic data releases and significant earnings reports from tech giants scheduled for the week.

Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe)

—

About the Show:

On The Tape is a weekly podcast with CNBC Fast Money’s Guy Adami, Dan Nathan and Danny Moses. They’re offering takes on the biggest market-moving headlines of the week, trade ideas, in-depth analysis, tips and advice. Each episode, they are joined by prominent Wall Street participants to help viewers make smarter investment decisions. Bear market, bull market, recession, inflation or deflation… we’re here to help guide your portfolio into the green. Risk Reversal brings you years of experience from former Wall Street insiders trading stocks to experts in the commodity market.

—

Check out our show notes here)

See what adding futures can do for you at cmegroup.com/onthetape).

—

Shoot us an email at [email protected]) with any feedback, suggestions, or questions for us to answer on the pod and follow us @OnTheTapePod) on Twitter or @riskreversalmedia) on Threads

—

We’re on social:

Follow @GuyAdami) on Twitter

Follow Danny Moses @DMoses34) on Twitter

Follow Liz Thomas @LizThomasStrat) on Twitter

Follow us on Instagram @RiskReversalMedia)

Subscribe to our YouTube) page

The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal.

Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.

Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.