Nvidia Corp.’s plunge, fueled by investor concern about Chinese artificial-intelligence startup DeepSeek, erased a record amount of stock-market value from the world’s largest company.
Makes me wonder how much collusion there was to make US AI as resource intensive as possible to (a) generate demand in chips, which is (i) related to the trade war involving Chinese chips and (ii) was intended to keep the US ahead of the game and (b) ensure a need for fossil fuels (i) in itself and (ii) to undermine China’s lead in green energy. There’s not just the stock price to consider but the geopolitical angle.
Makes me wonder how much collusion there was to make US AI as resource intensive as possible to (a) generate demand in chips, which is (i) related to the trade war involving Chinese chips and (ii) was intended to keep the US ahead of the game and (b) ensure a need for fossil fuels (i) in itself and (ii) to undermine China’s lead in green energy. There’s not just the stock price to consider but the geopolitical angle.