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<Research>Citi: While DeepSeek's Achievements May Be Groundbreaking, Effectiveness w/o Advanced GPUs on Focus; Rating Kept at Buy on Nvidia
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The recent launch of the V3 foundation model by DeepSeek, a Chinese AI startup, prompted investors to inquire about its cost of compute, as it announced that it is using only a fraction of the costs of its US peer competitors and yet still achieving top performance, Citi Research issued a research report saying. While the broker believed that DeepSeek's achievement may be groundbreaking, it is concerned about what it has achieved without using advanced GPUs to fine tune it or through the underlying technology. Citi Research believed that recent AI capital expenditure announcements like Stargate show the demand for advanced chips. Therefore, the broker kept rating at Buy on Nvidia (NVDA.US). AAStocks Financial News |
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