Source: Quantum

NVIDIA CEO Jensen Huang is as confident about the company's future as ever, and on Wednesday's latest earnings call, he reiterated that DeepSeek will not affect sales.

There are speculations that DeepSeek's R1 model requires much less training chips, which led to Nvidia's stock price hitting a record low last month.

But during this earnings call, Huang Junxun praised R1 as a “excellent innovation” and emphasized that it and other “reasoning” models are good news for Nvidia because they need more computing power.

"Inference models can consume more than 100 times of computing resources, and the computational volume of inference models will be greater in the future," said Huang Renxun. “DeepSeek R1 ignited global enthusiasm. It was an excellent innovation, but more importantly, it opens up a world-class inference AI model. Almost every AI developer is applying R1.”

NVIDIA’s sales show no signs of slowing down. Nvidia posted another record quarter, with revenue reaching $39.3 billion (about 285.377 billion yuan), surpassing its own forecast and Wall Street expectations. The company also said it expects revenue to rise again to around $43 billion (about RMB 312.244 billion) in the next quarter.

According to the financial report released by the tech giant, Nvidia's data center sales almost doubled in 2024 to US$115 billion (about RMB 835.072 billion), a 16% increase from the previous month.

In this conference call, Huang Renxun vigorously promoted Nvidia's latest Blackwell chip was designed for reasoning and said that the current demand for it is "very large".

"We will achieve strong growth in 2025," said Huang Renxun.

In fact, despite a brief panic caused by DeepSeek last month, the AI ​​chip market has shown no signs of cooling.

After that, Meta, Google and Amazon have all announced large-scale investment in artificial intelligence infrastructure, which will invest a total of hundreds of billions of dollars in the next few years.