It is repeating this year as well, given all the announcements. So maybe it is a two time event? I think it could repeat every year as long as Nvidia continues to innovate and keep their lead.

DeepSeek is providing an efficiency boost, and that doesn't kill Nvidia. In fact, Nvidia themselves delivered an efficiency boost with Blackwell chips. DeepSeek is a one-time efficiency boost, but Nvidia will continue to boost efficiency every year, based on Moore's law.