Ugh. No, we can now run a decent model through CPU. Not an expensive video card.
Just try out the standard deepseek-r1 or even the deepseek-r1:1.5B through ollama.
No need for expensive hardware anymore locally. My PC ( without Nvidia card/expensive hardware) runs the a deepseek 1.5 b query fast enough - 2 - 9 seconds until it's finished.