No one thought the path to artificial general intelligence (AGI) would be smooth for investors, but the emergence of DeepSeek has clearly thrown a plot twist into the AI narrative. Nvidia (NASDAQ: NVDA) and other AI stocks plunged on Monday,

Nvidia is touting the performance of DeepSeek’s open source AI models on its just-launched RTX 50-series GPUs, claiming that they can “run the DeepSeek family of distilled models faster than anything on the PC market.” But this announcement from Nvidia might be somewhat missing the point.

B AI model on its wafer-scale processor, delivering 57x faster speeds than GPU solutions and challenging Nvidia's AI chip dominance with U.S.-based inference processing.