Nvidia CEO Jensen Huang shrugs off DeepSeek as sales soar
NvidiaNvidia(US:NVDA) TechCrunch·2025-02-26 23:54

Nvidia CEO Jensen Huang is as bullish as ever about his company’s future, repeating his sentiments that DeepSeek won’t impact sales, he said during the latest earnings call on Wednesday.Speculation that DeepSeek’s R1 model required far fewer chips to train fueled a record drop in Nvidia’s stock price last month.  But during the earnings call, Huang touted R1 as an “excellent innovation,” emphasizing that it and other ‘reasoning’ models are great news for Nvidia since they need so much more compute.“Reasoni ...