During the latest earnings call, Nvidia CEO Jensen Huang reiterated his bullish outlook for the company, dismissing concerns that DeepSeek’s R1 reasoning model might undercut Nvidia’s sales.
Despite last month’s record drop in Nvidia’s stock—triggered by speculation that DeepSeek’s model required far fewer chips to train—Huang emphasized that such innovations only increase overall demand for compute.
“Reasoning models can consume 100 times more compute, and future reasoning models will consume much more compute,” Huang said, adding that DeepSeek R1 has “ignited global enthusiasm” and is being widely adopted by AI developers. He described the innovation as “excellent” and a positive signal for the entire AI industry, which relies on significant computational power—a core strength of Nvidia’s product portfolio.
Nvidia reported another record-breaking quarter, with total revenue reaching $39.3 billion—exceeding both its internal projections and Wall Street estimates. The company also provided guidance for the upcoming quarter, expecting revenue to climb to approximately $43 billion. Data center sales have been particularly robust, with figures nearly doubling in 2024 to $115 billion and showing a 16% increase compared to the previous quarter.
Huang highlighted the success of Nvidia’s latest Blackwell chip, which has been custom-built for reasoning applications. “Current demand for Blackwell is extraordinary,” he said. “We will grow strongly in 2025.”
This robust performance comes at a time when the market for AI chips shows no signs of slowing. Industry giants Meta, Google, and Amazon have recently unveiled massive AI infrastructure investments, collectively committing hundreds of billions of dollars over the coming years.
Despite the market turbulence sparked by DeepSeek’s debut, Nvidia’s earnings underscore the company’s pivotal role in powering next-generation AI applications. As AI models continue to require exponentially more compute power, Nvidia appears well-positioned to capitalize on the expanding global demand.
Nvidia will take a $5.5 billion charge after the U.S. restricted exports of its H20 AI chip to China, citing security concerns. The move targets China's access to advanced tech, impacting Nvidia's key market amid growing global AI competition.
Nvidia CEO Jensen Huang forecasted a rapid arrival of humanoid robots in manufacturing, stating that widespread use in factory settings is likely within the next few years.
The Nvidia’s annual software developer conference this week, CEO Jensen Huang is set to defend the company’s leading position in the AI chip market amid growing competition and cost pressures on its largest customers.
Chip designers Nvidia and Broadcom are conducting manufacturing tests using Intel’s advanced 18A process, according to sources familiar with the matter. The tests are part of an effort by both companies to evaluate whether Intel’s technology can meet the demanding requirements for advanced artificia
US tech giant Nvidia reported an 80% year-on-year increase in net income for the last quarter of fiscal 2025, with earnings climbing to $22.1 billion - an increase of $9.8 billion compared to the same period last year.
A Russian airstrike on Zaporizhzhia killed one woman and injured 15 people, including two children, on Tuesday. Guided bombs struck residential areas, as drone attacks also hit Kherson and Kharkiv, Ukrainian officials said.
On April 22, President of the Republic of Azerbaijan Ilham Aliyev arrived in the People's Republic of China.
Sweden, Lithuania, Norway and Finland are looking into making a coordinated acquisition of BAE Systems' CV90 infantry combat vehicle, Swedish Prime Minister Ulf Kristersson said on Tuesday.
Bulgaria is stepping up preparations to host the Ninth Global Conference on Wine Tourism this autumn in Plovdiv, with Minister of Tourism Miroslav Borshosh leading a series of high-level meetings to finalize venues and partnerships.
Burkina Faso’s Security Minister Mahamadou Sana confirmed late Monday that an attempted assault on the presidency had been uncovered by the country’s intelligence services.
The Russian ruble has emerged as the top-performing currency globally in 2025, registering an impressive 38% appreciation against the US dollar since the beginning of the year, according to a report by Bloomberg.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Severe rainfall on April 17 led to flooding and landslides in the Piedmont region, prompting a large-scale emergency response from over 400 firefighters.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 16th, covering the latest developments you need to know.
China has rolled out the world’s first 10-gigabit (10G) fixed broadband network in Xiong'an New Area, promising ultra-fast speeds and low latency through cutting-edge optical infrastructure.
Scientists claim to have discovered a new color, "olo", perceived during an experiment involving laser pulses aimed at retinal cells. The blue-green hue is more saturated than any natural color, but some experts question whether it should be classified as a true new color.
OpenAI has unveiled a new option called Flex processing, an API service designed to provide more affordable AI model usage in exchange for slower response times and occasional resource unavailability.
A rare red meat allergy known as alpha-gal syndrome is drawing new attention as researchers link it not only to the lone star tick but also to other U.S. tick species, raising concerns about growing risks and underdiagnosis.
Scientists using the James Webb Telescope have detected potential biosignatures, gases linked to life, on exoplanet K2-18 b, marking a major step in the search for extraterrestrial life. While not confirmed, the findings offer a strong "maybe".
A Russian airstrike on Zaporizhzhia killed one woman and injured 15 people, including two children, on Tuesday. Guided bombs struck residential areas, as drone attacks also hit Kherson and Kharkiv, Ukrainian officials said.
On April 22, President of the Republic of Azerbaijan Ilham Aliyev arrived in the People's Republic of China.
Sweden, Lithuania, Norway and Finland are looking into making a coordinated acquisition of BAE Systems' CV90 infantry combat vehicle, Swedish Prime Minister Ulf Kristersson said on Tuesday.
Bulgaria is stepping up preparations to host the Ninth Global Conference on Wine Tourism this autumn in Plovdiv, with Minister of Tourism Miroslav Borshosh leading a series of high-level meetings to finalize venues and partnerships.
Burkina Faso’s Security Minister Mahamadou Sana confirmed late Monday that an attempted assault on the presidency had been uncovered by the country’s intelligence services.
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