Nvidia CEO Jensen Huang acknowledges the success of DeepSeek's R1 AI model and expresses optimism about Nvidia's future despite market impacts. Huang emphasizes long-term AI chip demand and investments from clients like Meta,
It’s well-known that NVIDIA is a cornerstone of the AI boom, but its financial results released on February 26 illustrate exactly how much the company has prospered. NVIDIA saw a 78% year-over-year increase in quarterly revenue, reaching a record $39.3 billion. Quarter-over-quarter, NVIDIA’s revenue grew 12%.