Home ยป Intel’s Former CEO, Pat Gelsinger, Warns That Stock Market Misunderstands DeepSeek Technology – Chip Usage Expected to Increase Significantly.

Intel’s Former CEO, Pat Gelsinger, Warns That Stock Market Misunderstands DeepSeek Technology – Chip Usage Expected to Increase Significantly.

Former Intel CEO Pat Gelsinger shared his insights on Monday night as the US stock market reacted sharply to the news of DeepSeek, causing tech stocks to plummet, particularly NVIDIA, which saw a 17% drop in just one day. He believes the stock market is misinterpreting the situation.

Gelsinger stated that the case of DeepSeek serves as a reminder of three key principles that we already know:

Computing follows the gas law. As prices decrease, access and market size expand. The stock market is misunderstanding this, as AI usage continues to increase.
Engineering thrives under constraints. When Chinese engineers face resource limitations, they innovate new problem-solving methods.
Openness prevails. DeepSeek’s victory is shaking up the AI industry that has been developing closed models, showcasing the power of open-source approaches.

Source: Business Insider

In conclusion, Pat Gelsinger’s tweet highlights the importance of relearning essential lessons and the impact of DeepSeek on the computing industry.

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