Greetings, tech enthusiasts! Get ready for a dive into the latest buzz in the technology world, specifically focusing on Nvidia and its remarkable achievements.

Nvidia CEO Jensen Huang is optimistic about the company’s future. He reassured stakeholders during the recent earnings call that the emergence of DeepSeek won’t hinder their sales growth.

Despite a sharp decline in Nvidia’s stock last month, attributed to concerns over DeepSeek’s chip efficiency, Huang views the new R1 model positively. He highlighted its potential to drive demand for Nvidia’s computing power.

In fact, sales for Nvidia have skyrocketed, with revenue reaching a staggering $39.3 billion last quarter, well above expectations. Looking ahead, Huang predicts even more robust results in the upcoming quarter, expecting around $43 billion.

Furthermore, Nvidia’s data center sales doubled over the previous year, reaching $115 billion. Huang emphasized that their latest Blackwell chip is specially designed for reasoning tasks, and demand for it is through the roof.

Despite the temporary market panic caused by DeepSeek, the landscape for AI chips remains vibrant, with tech giants like Meta, Google, and Amazon investing heavily in AI infrastructure.