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Nvidia CEO Jensen Huang shrugs off DeepSeek as sales soar
Nvidia CEO Jensen Huang is more bullish about Nvidia's sales than ever, despite a market panic last month induced by China's DeepSeek.
Nvidia CEO Jensen Huang is as bullish as ever about his company’s future, repeating his sentiments that DeepSeek won’t impact sales, he said during the latest earnings call on Wednesday. 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 compute. Since then, Meta, Google, and Amazon have all unveiled massive AI infrastructure investments, collectively committing hundreds of billions for the coming years.
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