I told everyone to watch the market at 7 A.M. Eastern.
That’s when a lot of brokerage accounts open.
And sure enough, Monday morning, we watched stocks related to DeepSeek spike +100%.
In case you hadn’t heard, DeepSeek is China’s answer to OpenAI and ChatGPT.
It was founded by Liang Wenfeng in 2023 as an arm of High-Flyer, a hedge fund that focuses on AI.
DeepSeek is an open source AI that anyone can access. And it just passed ChatGPT as the top downloaded app in the U.S. on the Apple app store.
Another key point to make about DeepSeek: It apparently cost a fraction of the training costs when compared to other AI in the industry. It cost an estimated 10% of Meta’s Llamma.
As a direct result, major U.S. tech stocks took a big hit on Monday.
Everyone’s wondering if the U.S.’s AI market is overinflated because China just created an open source AI at a fraction of the cost. And despite the AI sanctions that the U.S. has against China.
Look at NVIDIA Corporation’s (NASDAQ: NVDA) price action on Monday morning in my post below:
Dieeeeeeeeeeee $NVDA your reign of terror is over, let's get some cheaper #ai tools in play so the #AIRevolution can really boom and everyone on Earth can participate, not just companies like $META $AMZN $ORCL $TSLA that can afford the ridiculous pricing…bring on #DEEPSEEK !!! pic.twitter.com/3DUiF5msQy
— Timothy Sykes (@timothysykes) January 27, 2025
The AI market is in the midst of a major shakeup right now.
There are cheap stocks flying higher. And there’s still time to snag profits.
Trade The Hottest DeepSeek Stocks
