Nvidia Ceo Jensen Huang is as Bully about his company’s future, repaeting His sentiments That Deepseek Won’t impact sales, he said during the latest earnings call on Wednsday.
Speculation that Deepseek’s R1 Model required far fewer chips to train fuled A Record Drop in Nvidia’s Stock Price Last Month,
But during the earnings call, Huang touted R1 as an “Excellent Innovation,” Emphasizing that it and other ‘Reasoning’ models Are great news for nvidia since they need so much more computer.
“Reasoning Models Can Consume 100 Times More Compute, and Future Reasoning Models will consume much more computer,” Huang Said. “Deepsek R1 has ignated 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-Exceding Bost Its oven projections and Wall street estimatesAnd it said it expects revealed for the next Quarter to be up Again, to Around $ 43 Billion.
Nvidia’s data center sales nearly doubled in 2024 to $ 115 billion and rose 16% from the previous Quarter, per the tech giant’s Earnings release.
During the call, huang touted nvidia’s latest blackwell chip as being custom-built for reasoning and said that current demand for it is “extraordinary.”
“We will grow strongly in 2025,” Huang said.
Indeed, Despite Last Month’s Panic Over Deepsek, The Market for AI Chips Shows No Signs of Cooling Off.
Since then, Meta, Googleand Amazon Have all unveiled massive ai infrastructure investments, collectively committing Hindreds of Billions for the coming years.