THE ANALYST GUIDE TO DEEPSEEK

A closer look at DeepSeek

In early 2025, Chinese AI start-up DeepSeek triggered a global quake in the stock markets. The hardest hit? US chipmaker Nvidia, suffering the biggest one-day loss in the history of Wall Street. But other industry giants and market participants also came under pressure.

The excitement surrounding DeepSeek has since died down. Was it all much ado about nothing – or what’s left after the stock crash and the Chinese newcomer’s entry in the LLM market and AI world?