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Nvidia falls 14% in premarket trading as China's DeepSeek triggers global tech sell-off(www.cnbc.com)

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cross-posted from: https://lemm.ee/post/53805638

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HoMaster@lemm.ee
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https://en.wikipedia.org/wiki/Jevons_paradox

more efficient use of oil will lead to increased demand, and will not slow the arrival or the effects of peak oil.

Energy demand is infinite and so is the demand for computing power because humans always want to do MORE.

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Jhex@lemmy.world
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Yes but that’s not the point… If you can buy a house for $1000 nobody would buy a similar house for $500000

Eventually the field would even out and maybe demand would surpass current levels, but for the time being, Nvidia’s offer seem to be a giant surplus and speculators will speculate

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