Nvidia: Ai Boom Not Dead Yet
Nvidia's strong growth forecast for the first quarter has alleviated concerns about a slowdown in spending on its hardware, with booming demand for artificial intelligence chips remaining intact despite Chinese startup DeepSeek's claims of rivaling Western counterparts at lower cost. The company's CEO, Jensen Huang, struck an optimistic note, saying "AI is advancing at light speed," and that demand for its new Blackwell semiconductors was "amazing." Nvidia expects total revenue of $43 billion in the first quarter, plus or minus 2%, which is slightly above analysts' average estimate.
- The resilience of Nvidia's AI chip business underscores the importance of innovation and strategic investments in emerging technologies, particularly in a period marked by growing concerns about supply chain vulnerabilities.
- How will the long-term implications of DeepSeek's claims impact the competitive landscape of the AI chip market, potentially forcing companies to reevaluate their investment strategies?