Today the DeepSeek nightmare officially came to a close, says Jim Cramer
CNBC Televisionยท2025-06-24 23:34
Maybe it was all a dream or more pointedly a nightmare. I'm talking about the Chinese artificial intelligence breakthrough known as deepseek. Remember that.Which caused Wall Street to turn its back on the AI data center coord sell. Earlier this year, we were told that the Chinese had come up with a way to build AI models using far less hardware, meaning chips from Nvidia. And it crushed every stock in the group.the house of pain with the biggest casualties being the stocks of all the companies needed to cre ...