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    Home » Nvidia CEO Jensen Huang shrugging off the DeepSeek as sales soar
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    Nvidia CEO Jensen Huang shrugging off the DeepSeek as sales soar

    Sabnam HossainBy Sabnam HossainFebruary 27, 2025No Comments2 Mins Read
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    Nvidia CEO Jensen Huang shrugging off the DeepSeek as sales soar
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    During the most recent earnings call on Wednesday, Nvidia CEO Jensen Huang reiterated his belief that DeepSeek won’t affect sales and expressed his continued optimism about the company’s future.

    A historic decline in Nvidia’s stock price occurred last month due to speculation that DeepSeek’s R1 model needed far fewer processors to train. 

    But during the earnings call, Huang praised R1 as an “excellent innovation,” stressing that it and other “reasoning” type models are great news for Nvidia since they need so much more computing.

    Huang also said

    “Reasoning models can consume 100 times more compute, and future reasoning models will consume much more compute,”. “DeepSeek R1 has ignited global enthusiasm. It’s an excellent innovation, but even more importantly, it has open-sourced a world-class reasoning AI model. Nearly every AI developer is applying R1.”

    Nvidia’s sales show no signs of slowing down. Nvidia reported another record-breaking quarter that saw its revenue reach $39.3 billion — exceeding both its own projections and Wall Street estimates. Additionally, it stated that it anticipates revenue to increase to about $43 billion in the upcoming quarter. According to the tech giant’s earnings statement, Nvidia’s data center sales increased 16% from the previous quarter and nearly doubled to $115 billion in 2024.

    Huang claimed during the call that the demand for Nvidia’s most recent Blackwell processor is “extraordinary” at the moment and that it is specifically designed for reasoning.

    Huang stated

    “We will grow strongly in 2025,”.

    In fact, the market for AI processors is still growing despite the DeepSeek panic of last month.

    Since then, Amazon, Google, and Meta have all announced significant investments in AI infrastructure, totaling hundreds of billions of dollars over the ensuing years.

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    News Source

    Nvidia CEO Jensen Huang
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    Sabnam Hossain
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    Sabnam Hossain is a versatile blogger and content creator with a passion for crafting engaging and thought-provoking articles across various platforms.

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