--- title: "DeepSeek investor conference content exposed, Liang Wenfeng pointed out that Nvidia's moat is rapidly collapsing" type: "News" locale: "en" url: "https://longbridge.com/en/news/293590263.md" description: "DeepSeek founder Liang Wenfeng stated at an investor communication meeting that the domestic AI chip replacement is 迎来机遇， and NVIDIA's CUDA moat is collapsing. DeepSeek has collaborated with Huawei, utilizing 100,000 950 cards to run through the ecosystem, with performance and price comparable to NVIDIA's high-end products. The company does not pursue maximizing commercial profits or becoming a large enterprise, but focuses on AGI, reducing non-core business investments through open-source and low-cost architecture, and promoting technological iteration" datetime: "2026-07-23T09:32:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293590263.md) - [en](https://longbridge.com/en/news/293590263.md) - [zh-HK](https://longbridge.com/zh-HK/news/293590263.md) --- # DeepSeek investor conference content exposed, Liang Wenfeng pointed out that Nvidia's moat is rapidly collapsing DeepSeek founder Liang Wenfeng elaborated on his core views regarding the development of the domestic AI computing power industry and ecosystem during an internal investor communication that was leaked. He stated that the current domestic AI chip replacement is facing a historic opportunity, with no adaptation barriers in hardware and ecosystem. NVIDIA cannot hinder the replacement process, and the only issue at present is insufficient production capacity. He expects that within a year, the market's perception of domestic chips as "unusable and difficult to use" can be reversed. He pointed out that NVIDIA's CUDA ecosystem moat is rapidly collapsing, and multiple industry transformations combined with export controls have opened a development window for domestic AI chips. He revealed that DeepSeek has partnered with Huawei to obtain 16,000 950 cards for running the ecosystem. Huawei's 950 super nodes can completely replace NVIDIA's GB200 and GB300 in terms of performance and price, and he holds an optimistic view on the development of the domestic computing power industry. According to reports from mainland media, Liang Wenfeng, the founder of mainland AI company DeepSeek, stated earlier in a four-hour investor meeting that DeepSeek is currently not aiming for maximum commercial profit but hopes to increase the possibility of achieving AGI by reducing investment in non-core businesses. The company does not seek to become the next ByteDance or Tencent (0700). Liang Wenfeng reportedly emphasized the concept of "restraint" multiple times during the meeting. He believes that products are not the current main line for DeepSeek but rather a phased achievement on the road to AGI. The company does not need to invest excessive resources in C-end or B-end products. Regarding the AGI roadmap, Liang Wenfeng proposed a path from CoT to Agent, and then to continuous learning and AI self-iteration. He emphasized that open-source strategies and low-cost architecture are the core strategies for achieving AGI, and DeepSeek does not aim to become the next ByteDance or Tencent-like enterprise ### Related Stocks - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [NVDG.US](https://longbridge.com/en/quote/NVDG.US.md) - [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md) - [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md) - [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [NVD.US](https://longbridge.com/en/quote/NVD.US.md) - [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md) - [NVDB.US](https://longbridge.com/en/quote/NVDB.US.md) - [NVDO.US](https://longbridge.com/en/quote/NVDO.US.md) - [NVDW.US](https://longbridge.com/en/quote/NVDW.US.md) - [NVYY.US](https://longbridge.com/en/quote/NVYY.US.md) - [NYYY.US](https://longbridge.com/en/quote/NYYY.US.md) - [DIPS.US](https://longbridge.com/en/quote/DIPS.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [07788.HK](https://longbridge.com/en/quote/07788.HK.md) - [07388.HK](https://longbridge.com/en/quote/07388.HK.md) - [09388.HK](https://longbridge.com/en/quote/09388.HK.md) - [DPSK.NA](https://longbridge.com/en/quote/DPSK.NA.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.md) - [80700.HK](https://longbridge.com/en/quote/80700.HK.md) - [HTCD.SG](https://longbridge.com/en/quote/HTCD.SG.md) - [TCTZF.US](https://longbridge.com/en/quote/TCTZF.US.md) ## Related News & Research - [NBIS Stock Alert: What to Know as Nvidia Reveals 9.3% Stake in Nebius](https://longbridge.com/en/news/293372126.md) - [UnitedHealth, Ardagh Metal Packaging, Nvidia And More: CNBC’s ‘Final Trades’](https://longbridge.com/en/news/293617830.md) - [QumulusAI Joins the NVIDIA Partner Network as an NVIDIA Cloud Partner | QMLS Stock News](https://longbridge.com/en/news/293030533.md) - [As Nvidia Discloses a 9.3% Stake in Nebius, Here’s How You Should Play NBIS Stock](https://longbridge.com/en/news/293504980.md) - [Sharon AI Announces US$1.32 Billion Five-Year Cloud Computing Service Agreement | SHAZ Stock News](https://longbridge.com/en/news/292903735.md)