Actually, the "narrative" crashed Nvidia for no reason.
Not only DeepSeek uses a lot of Nvidia hardware for the training.
But even more so, by releasing an open weight frontier model, people around the world need more Nvidia chips than ever for inference.
I know of enterprises in APAC now spending millions of dollars on Huawei GPUs, while they might not be as efficient, they are seen as geopolitically more stable (especially given the region).
DeepSeek helped "prove" to a lot of execs that "Good" is "Good enough" and that there are viable alternatives with less perceived risk of supply chain disruption - even if facts differ may from this narrative.
Yes, I know them too, I live there!
The hardware is great, CANN is not CUDA yet.
someone has not heard about huawei GPU