US–China Technology Competition
จีนกำลังแซงหน้าอเมริกาในสงคราม AI? เจาะลึกปรากฏการณ์ DeepSeek
Summary
DeepSeek arrived with a model delivering high performance at 20 to 40 times less cost than its competitors.
The immediate effect was OpenAI, Google and Microsoft scrambling to adjust, and NVIDIA losing over half a trillion dollars of market value in a single day.
On the Chinese side, Xi Jinping moved to full support for the technology sector, with DeepSeek-R2 in preparation.
Key points
The market reacted to a broken assumption, not to a model
What fell was the belief that enormous quantities of chips are always required — the base of NVIDIA’s valuation.
20 to 40 times cheaper is a different category
At that gap it is not price competition. It changes who can be a customer.
State posture follows success
Beijing had been suppressing the technology sector, and reversed when it proved competitive.
A one-day fall is not a verdict
The share price registered the shock. The real result is who is still standing in two years.