A Brooklyn-based social media blogger, Jeffrey Emanuel, on January 25, 2025, wrote a virtually 12,000-word weblog publish making a case for shorting one of many prime chipmaking AI firms on the planet, Nvidia Corp., reported the information portal MarketWatch.
In keeping with the information report, the weblog publish cited causes like altering tides on the planet of synthetic intelligence (AI), together with the launch of the Chinese language AI platform DeepSeek. Emanuel shared his thesis with the Worth Buyers Membership web site and posted it on Reddit, platform X, and different social media platforms.
How did the weblog go viral?
Initially, his weblog began with 35 folks studying the thesis, however the subsequent day after his publish, Emanuel noticed round 1,500 folks studying in real-time. Nicely-known enterprise capitalists and company professionals like Chamath Palihapitiya, Naval Ravikant, Jared Friedman, and Morgan Brown shared the blogger’s publish with their hundreds of thousands of followers.
The publish on January 25 has acquired half one million views from folks on the social media platform X.
In an interview with the information portal, Emanuel mentioned that the influx of person site visitors crashed his web site at one level, after which folks began sharing an archive hyperlink, which his web site analytics device couldn’t observe. The report additionally talked about that by the top of the evening, probably the most concurrent readers have been from San Jose, California, the place Nvidia’s company headquarters is positioned.
Emanuel’s tackle Nvidia shook Silicon Valley solely as a result of he claimed that the Large Tech firms within the US have been allegedly deceptive the folks and have been under no circumstances close to the smartness or effectivity ranges that Wall Avenue predicted them to be.
The blogger additionally cited that the Chinese language AI platform DeepSeek did in a less expensive means what huge tech firms like Nvidia do, spending excessive quantities on knowledge and superior computing assets.
Nvidia’s inventory collapse
As Wall Avenue re-opened on Monday after the weekend break, Nvidia Corp. inventory tanked 12.5 per cent on the market open and continued its fall, wiping nearly $600 million from the corporate’s market capitalisation, in keeping with a number of media experiences.
The information report additionally cited Bloomberg columnist Matt Levine, who claimed that Emanuel’s publish was an “necessary catalyst” for Nvidia’s inventory market collapse on January 27, 2025.
After the collapse, Emanuel spent the remainder of the week chatting with hedge funds, who paid him $1,000 per hour to talk on the telephone and share his tackle Nvidia and synthetic intelligence, as per the report.
“I’m so exhausted, I’m shedding my voice virtually,” Emanuel informed the information protal. “It’s been probably the most surreal expertise of my life,” he mentioned.
Who’s Jeffrey Emanuel?
Jeffrey Emanuel, the creator of the weblog publish that allegedly sparked the controversy about AI corporations within the US and tanked Nvidia’s inventory on Wall Avenue. He revealed the report — “The Brief Case for Nvidia Inventory.”
Emanuel has a Bachelor of Arts in Arithmetic from Reed School in Portland, Oregon, United States. He beforehand labored as an Analyst at Millennium, an funding administration agency, and as a Senior Analyst at Balyasny Asset Administration in New York earlier than founding his personal agency, Pastel Community.
The 42-year-old analyst informed the information portal that he had been obsessive about neural networks since 1998 and was an early adopter of crypto and AI. In 2021, he began his firm Pastel Community, which is a blockchain firm that gives decentralized storage, AI options and different companies for Web3 builders.
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