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Pat Gelsinger, former CEO at Intel (INTC), is not sweating over new, low-cost artificial intelligence models from Chinese startup DeepSeek. Instead, he believes that DeepSeek’s cost-effective AI model will be a net positive for the industry. He said, “Computing obeys the gas law. This means, it fills the available space as defined by available resources (capital, power, thermal budgets etc). … Making compute resources broadly available at radically lower price points, will drive an explosive expansion, not contraction, of the market. AI will be in everything going forward and today, it is orders of magnitude too expensive to realize that potential.”
And Gelsinger is putting his money where his mouth is by loading up on Nvidia (NVDA) stock.