Perhaps no stock was more profoundly affected by the news from DeepSeek than Nvidia (NASDAQ: NVDA). In a sense, DeepSeek validated its dominance by announcing its H800 accelerators trained its model for less than $6 million.

The emergence of a small Chinese artificial intelligence (AI) company called DeepSeek initially put a giant hole in the U.S. stock market. Tech stocks -- particularly those connected to the AI trend -- got crushed,

The chip maker's shares were falling with the wider market after the U.S. president said he intends to impose levies on imported semiconductors.

DeepSeek has launched an AI model that was reportedly developed with significantly less computational power than traditional methods. Shares of Nvidia are under pressure amid concerns that DeepSeek's methods may undermine demand for its high-performance GPUs.

While the demand is there, it's clear that's not the sole reason why Nvidia's RTX 50 series is impossible to find in stores. Many retailers received fairly low stock quantities, as Nvidia reportedly experienced manufacturing issues.