CEO Jensen Huang Just Uttered 8 Words That Every Nvidia Investor Should Hear
Nvidia just had another blockbuster quarter and its chief executive had wonderful news for shareholders.
If there's one company that has been at the epicenter of the artificial intelligence (AI) revolution, Nvidia (NASDAQ: NVDA) is it. The company's graphics processing units (GPUs) provide the computational horsepower that underpins the vast majority of AI processing and has been the biggest contributor to the accelerating adoption of this groundbreaking technology.
Being the poster child for AI can be a double-edged sword, however. In late January, reports suggested that Chinese start-up DeepSeek had developed a cutting-edge AI model with older-generation GPUs and for a much lower cost. Some Nvidia investors saw this as a harbinger of doom for the company, fearing that demand for its processors could come to a screeching halt.
The chipmaker delivered its financial report after the market close on Wednesday and the blockbuster results, combined with commentary from management, have largely put those fears to rest.
