Nvidia CEO Jan-xun Huang: DeepSeek will not affect sales, data center revenue hits a new high

In a recent earnings call, Nvidia CEO Jensen Huang remains confident about the company's future prospects, despite a market panic caused by China's DeepSeek technology last month. He said the launch of DeepSeek will not have an impact on the company's sales.

The speculation that the number of chips required for the DeepSeek R1 model has caused a record decline in Nvidia's stock price. However, Huang Junxun praised R1 as "excellent innovation" in the conference call and emphasized that this type of "inference" model is actually good news for Nvidia, because these models require more computing power. He pointed out: "The computing demand for inference models may be as high as 100 times, and future inference models will consume more computing resources." Huang Renxun also mentioned that DeepSeek R1 has ignited global enthusiasm, and this open source world-class inference AI model is widely used by almost all AI developers.

In the financial report, Nvidia once again set a new record, with the report showing that the company's quarterly revenue reached $39.3 billion, exceeding its own expectations and Wall Street analysts' estimates. Meanwhile, the company expects revenue to grow again in the next quarter, expected to reach about $43 billion.

In 2024, Nvidia's data center sales almost doubled to $115 billion, an increase of 16% from the previous quarter. Huang Renxun mentioned in the meeting that Nvidia's latest Blackwell chip was specially designed for reasoning, and the current demand for this chip is "extremely strong".

Despite the panic caused by DeepSeek last month, the AI ​​chip market still shows no sign of cooling. Large tech companies such as Meta, Google and Amazon have announced huge investments in AI infrastructure, pledging to invest hundreds of billions of dollars in the next few years.