Thursday, 27 February, 2025

Nvidia's Q4 Revenue Surges 78% Amid AI Chip Demand, CEO Dismisses DeepSeek Concerns

Nvidia reported a 78% increase in fourth-quarter revenue, reaching $39.3 billion, driven by strong demand for its Blackwell AI chips. Despite initial market concerns over China's DeepSeek AI model, CEO Jensen Huang remains confident in Nvidia's market position. Data center sales contributed $35.6 billion, with a projected $43 billion for the upcoming quarter. Huang emphasized the "astonishing" demand for AI infrastructure.