Time to load up the tech stocks due to panic selling?
Looks like the market is panic selling due to the DeepSeek news. While the DeepSeek model is open sourced but I am not sure if AI experts confirmed that the efficacy of the model and reduced costs in training the models.
News Articles:
FT: https://www.ft.com/content/e670a4ea-05ad-4419-b72a-7727e8a6d471
DeepSeek v3 paper: https://github.com/deepseek-ai/DeepSeek-V3/blob/main/DeepSeek_V3.pdf
So far, I am not seeing strong opinions on the effectiveness of the models by DeepSeek and perhaps it’s based on limited dataset. I am sure all the companies are investigating and comparing their models.
Is this a buying tech stocks opportunity for US investors?