If you’re expecting to pop a bubble I think you’d buy options ahead of time to take advantage, instead of waiting for a recovery that may never come.
I know it is too early, but I'd not be surprised if this was CCP intervention using a hedge fund to try and tank US AI stocks for a specific reason.
I mean again, just being objectively honest, Deepseek kind of sucks and is maybe on par with early-2023 era models.