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As Nvidia tanks, Jim Cramer says there's not enough information to make a move

1. DeepSeek claims to rival Nvidia's models at lower costs. 2. Nvidia's stock dropped nearly 17% due to investor panic. 3. Cramer advises caution ahead of more information on DeepSeek. 4. DeepSeek's revelation could lower demand for Nvidia chips in the future. 5. Nvidia could face long-term impacts from competition in AI.

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FAQ

Why Very Bearish?

The introduction of a cheaper alternative raises fears about Nvidia's market dominance, similar to past market reactions affecting industry leaders.

How important is it?

The emergence of DeepSeek poses a significant threat to Nvidia's revenue model and long-term growth prospects.

Why Long Term?

The competitive landscape in AI could shift permanently, as seen with other tech disruptions in history.

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