During the recent earnings call, Nvidia CEO Hwang Junxun expressed firm confidence in the company's future development prospects. Although the launch of China's DeepSeek technology last month triggered a brief panic in the market, Huang Renxun made it clear that the technology will not have a negative impact on Nvidia's sales. He emphasized the company's advantages in technological innovation and market adaptability, believing that Nvidia will continue to take the lead in the global AI chip market.
Previous speculation that the DeepSeek R1 model might reduce chip demand has led to a sharp decline in Nvidia's stock price. However, Huang Renxun highly praised the R1 model during the conference call, calling it "excellent innovation." He pointed out that such "inference" models are actually good news for Nvidia because they require more computing power. Huang Renxun further explained: "The computing demand for inference models may be as high as 100 times, and future inference models will consume more computing resources." He also mentioned that DeepSeek R1 has inspired the enthusiasm of global AI developers, and this open source world-class inference AI model is widely used by almost all AI developers.
Nvidia's latest financial report set a new record again, with the company's quarterly revenue reaching $39.3 billion, not only exceeding its own expectations, but also exceeding the forecasts of Wall Street analysts. Huang Renxun revealed at the meeting that the company expects revenue to continue to grow in the next quarter, expected to reach about $43 billion. This strong financial performance further strengthens Nvidia's leadership in the global technology industry.
In 2024, Nvidia's data center sales almost doubled to $115 billion, an increase of 16% from the previous quarter. Huang Renxun specifically mentioned that Nvidia's latest Blackwell chip is specially designed for reasoning tasks, and the current market demand for this chip is "extremely strong". This trend shows that with the rapid development of AI technology, Nvidia's products will continue to play a key role in the fields of data centers and AI infrastructure.
Although the market panic caused by DeepSeek last month once made investors uneasy, the popularity of the AI chip market has not cooled down. Tech giants such as Meta, Google and Amazon have announced large-scale investment plans for AI infrastructure, pledging to invest hundreds of billions of dollars in the next few years. These investments will further drive the demand for high-performance AI chips and bring more market opportunities to leading companies such as Nvidia.
In general, under the leadership of Huang Renxun, Nvidia has demonstrated strong market competitiveness and technological innovation capabilities. Despite facing challenges from emerging technologies such as DeepSeek, Nvidia has maintained its leading position in the global AI chip market through its outstanding products and strategic layout. In the future, with the continuous advancement of AI technology, Nvidia is expected to continue to lead the development of the industry and bring more innovations and breakthroughs to the global technology industry.