Cheyenne Suarez

Nvidia showcases AI chips as it shrugs off DeepSeek

Article (news)

Agence France-Presse

<div><br/></div><p>SAN FRANCISCO, United States -- Nvidia chief Jensen Huang is expected to showcase cutting-edge chips for artificial intelligence (AI) and quantum computing on Tuesday, shrugging off talk of China&#x27;s DeepSeek disrupting the market.</p><p>Huang&#x27;s keynote presentation at Nvidia&#x27;s annual developers conference should pack the SAP Center in the Silicon Valley city of San Jose, where the Sharks NHL hockey team plays.</p><p>Industry watchers expect Huang to spotlight Nvidia&#x27;s latest Blackwell line of graphics processing units (GPUs), including new updates in the works.</p><p>The AI boom propelled Nvidia stock prices to stratospheric levels until a steep sell-off early this year triggered by the sudden success of DeepSeek.</p><p>The stock, one of the most traded on Wall Street, is down more than nine percent this year despite a recent rebound from a March low.</p><p>China-based DeepSeek shook up the world of generative artificial intelligence (GenAI) with the debut of a low-cost but high-performance model that challenges the hegemony of OpenAI and other big-spending behemoths.</p><p>But several countries have questioned DeepSeek&#x27;s handling of data, which the firm says is collected in &quot;secure servers located in the People&#x27;s Republic of China.&quot;</p><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/Yf2DeC7HyiA?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div><p>Nvidia high-end GPUs are in hot demand by tech giants building data centers to power artificial intelligence, and some say a low-cost option could weaken the Silicon Valley chip star&#x27;s business.</p><p>Yurts co-founder and CEO Ben Van Roo, whose company specializes in keeping sensitive data protected while allowing access by AI models, believes DeepSeek&#x27;s popularity bodes well for Nvidia.</p><p>&quot;DeepSeek drastically accelerated the desire to consume these models,&quot; Van Roo told AFP.</p><p>&quot;You&#x27;ve opened the world&#x27;s appetite even more (to generative AI) and independent of the fact that it&#x27;s Chinese, I think it was a good day for Nvidia.&quot;</p><div><strong>Blackwell Booming</strong></div><p>Nvidia has ramped up production of its top-of-the-line Blackwell processors for powering AI, logging billions in sales in its first quarter on the market.</p><p>&quot;AI is advancing at light speed&quot; and is setting the stage &quot;for the next wave of AI to revolutionize the largest industries,&quot; Huang told financial analysts recently.</p><p>Huang believes Nvidia chips and software platforms will continue to power or train AI for robots, cars, and digital &quot;agents,&quot; the term used for AI that can execute decisions instead of humans.</p><p>The CEO is also likely to talk up a leap to quantum computing.</p><p>After several dashed predictions, quantum computing is accelerating rapidly with actual use cases and scientific breakthroughs expected within years, not decades.</p><p>US tech giants, startups, banks, and pharmaceutical companies are pouring investments into this revolutionary technology.</p><p>GPUs like those made by Nvidia are ideal for handling multiple computing tasks simultaneously, making them well suited for quantum computing.</p><p>The US and China are racing ahead in quantum development, with Washington imposing export restrictions on the technology.</p><p>Nvidia reported that it finished last year with record high revenue of $130.5 billion, driven by demand for its chips to power artificial intelligence in data centers.</p><p>Nvidia projected revenue of $43 billion in the current fiscal quarter, topping analyst expectations.</p><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/lHaBSSeFzKw?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div>

<p>The AI boom propelled Nvidia stock prices to stratospheric levels until a steep sell-off early this year triggered by the sudden success of DeepSeek.</p>

The AI boom propelled Nvidia stock prices to stratospheric levels until a steep sell-off early this year triggered by the sudden success of DeepSeek.