- Nvidia CEO Jensen Huang touted “extraordinary” demand for the company’s next-generation Blackwell offering on the company’s earnings call Wednesday, brushing aside concerns that the surprise success of Chinese AI startup DeepSeek will lower demand for compute power. Instead, he suggested that customer appetite for cutting-edge chips is just scratching the surface.
The surprise success of Chinese AI startup DeepSeek has not appeared to weigh on Nvidia’s sales. After the company posted record revenues that beat Wall Street’s expectations yet again, CEO Jensen Huang told analysts why he believes investor fears about declining demand for compute power are misplaced.
