Reported about 5 hours ago
Mark Zuckerberg assured investors of AI chip companies Nvidia, AMD, and Micron that despite concerns over a Chinese start-up, DeepSeek, offering AI training at a fraction of the cost, there is still strong demand for their chips. During a recent conference call, he emphasized that even as AI companies explore more efficient models, the need for advanced data center capabilities will persist. Zuckerberg's comments suggest a potential for growth for these companies in the long term, easing fears among investors.
Source: YAHOO