At the upcoming annual developer conference, Nvidia CEO Jensen Huang will showcase the company's latest artificial intelligence (AI) and quantum computing chips. The conference will be held at the SAP Center in San Jose, California, and is expected to attract a large audience. Industry observers generally believe that Huang Renxun will focus on Nvidia's latest Blackwell series of graphics processing units (GPUs) and new products to be launched.
In recent years, the rapid development of AI has driven Nvidia's stock price to soar, however, due to the rise of Chinese company DeepSeek, the stock price experienced a sharp decline at the beginning of the year. NVIDIA stock has recently rebounded after experiencing a trough in March. The stock has remained down more than 9% this year. DeepSeek has launched a low-cost, high-performance generative AI model, which has put competitive pressure on Nvidia and other giants. Nevertheless, many countries have expressed concern about how DeepSeek's data is processed, which claims its data is stored in "security servers located in China."
Nvidia's high-end GPUs are in high demand as technology giants build AI data centers. Some experts believe that DeepSeek's low-cost option may undermine Nvidia's market position. Ben Van Lu, co-founder and CEO of Yurts, said the popularity of DeepSeek actually promoted the market demand for AI models. He believes that this situation has had a positive impact on Nvidia and has increased the market's attention to generative AI.
Nvidia is stepping up production on its top Blackwell processors, with sales reaching billions of dollars in the first quarter. Huang Renxun recently told financial analysts: "AI is developing at the speed of light, laying the foundation for the next wave of AI revolution." He emphasized that Nvidia's chip and software platforms will continue to play an important role in robots, cars and digital "agents". These digital agents refer to AI that can replace human decision-making.
In addition, Huang Renxun may also talk about the progress of quantum computing. After many optimistic predictions, the practical application of quantum computing is accelerating, and scientific breakthroughs are expected in the next few years. U.S. tech giants, startups, banks and pharmaceutical companies are investing heavily in this disruptive technology. Nvidia's GPUs perform well in handling multiple computing tasks simultaneously and are well suited to the needs of quantum computing.
According to a report by Nvidia, the company hit a top revenue of $130.5 billion last year, mainly due to demand for its chips in data centers. For the current fiscal quarter, Nvidia expects revenue to reach $43 billion, exceeding analysts' expectations.
Key points:
Nvidia will showcase the latest AI and quantum computing chips, focusing on the Blackwell series of GPUs.
Despite the pressure on the market by DeepSeek's low-cost AI model, Nvidia is still optimistic about the future.
The rapid development of AI and quantum computing has driven investment and innovation among technology giants.