NVIDIA VS Cisco, another "old joke renewed" this week
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After being hit hard by DeepSeek on Monday, NVIDIA recorded its largest weekly decline since September 2022 this week, with a market value evaporating by over $450 billion, setting a new global record. The impact of DeepSeek on NVIDIA's upward logic has particularly drawn market attention, as a chart that had been frequently referenced by market participants has resurfaced this week. If the myth of "high-priced GPUs being in short supply" is broken, will NVIDIA (green line) follow the old path of the current tech bubble leader Cisco (red line)?
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