Is Advanced Micro Devices (AMD) the Biggest Winner From Monday's Bloodbath?
Briefly

Advanced Micro Devices (AMD) showed relative resilience during a tech sector downturn, only falling 6.4% compared to much steeper losses for competitors like Nvidia and Broadcom. This may present a buying opportunity for investors. Meanwhile, the emergence of DeepSeek's new large language model, R1, has raised eyebrows by outperforming top AI models using less powerful hardware, suggesting a shift in AI development dynamics. However, DeepSeek's practices raise national security concerns due to data storage in China, complicating the situation further for the AI industry.
DeepSeek's release of its R1 large language model using underpowered chips has sent shockwaves through the tech sector, threatening established players like OpenAI.
AMD has showcased resilience in a brutal market, losing only 6.4% as competitors like Nvidia experienced substantial declines, indicating potential investor opportunities.
Read at 24/7 Wall St.
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