Nvidia faces more competition in inference compute

Nvidia CEO Jensen Huang is more bullish about Nvidia's sales than ever, despite a market panic last month induced by China's DeepSeek.

The poster child of Wall Street's artificial intelligence craze reported better-than-expected results amid rising investor uncertainty about the the economics of AI.

AI’s shift to reasoning models like DeepSeek is pushing compute demand to unprecedented levels, says NVIDIA CEO Jensen Huang. Blackwell chips are designed to

NVDA stock rose after hours as Nvidia's earnings results beat estimates. Blackwell chips brought in $11 billion for Nvidia, who said demand is strong.

NVIDIA announced another record-breaking quarter on Wednesday. Revenue surged to $39.3 billion, a 12% increase from the previous quarter and a 78% rise from the previous year.

Nvidia’s H20 chips are in high demand in China—indicating that DeepSeek's more efficient AI doesn’t mean lower chip demand.

Jensen Huang, Nvidia CEO, joins CNBC's Jon Fortt for a special report following Nvidia's quarterly report. Lester Holt, the anchor and managing editor of “NBC Nightly News” for a decade, announced that he is stepping down from the long-running broadcast at the beginning of the summer.

Nvidia forecast higher first-quarter revenue on Wednesday, signaling continued strong demand for artificial intelligence chips, and said orders for its new Blackwell semiconductors were “amazing.” The company’s forecast helps allay doubts around a slowdown in spending on its hardware that emerged last month,

Nvidia lost a record $600 billion in market cap over a single day last month after DeepSeek debuted its R1 model.