At the upcoming annual developer conference, Nvidia CEO Jensen Huang will showcase the company's latest artificial intelligence (AI) and quantum computing chips. The conference will be held at the SAP Center in San Jose, California, and is expected to draw a large audience. Industry observers widely believe Huang will highlight Nvidia's latest Blackwell series graphics processing units (GPUs), as well as upcoming new products.
The rapid advancement of AI in recent years has fueled a surge in Nvidia's stock price. However, the stock experienced a sharp decline at the beginning of the year due to the rise of the Chinese company DeepSeek. Despite this, Nvidia's stock has recently rebounded after hitting a low point in March. Year-to-date, the stock is still down over 9%. DeepSeek launched a low-cost, high-performance generative AI model, creating competitive pressure for Nvidia and other giants. However, many countries have expressed concerns about DeepSeek's data handling practices, with the company claiming its data is stored on "secure servers located in China."
Nvidia's high-end GPUs are in high demand as tech giants build AI data centers. Some experts believe DeepSeek's lower-cost option could erode Nvidia's market share. Ben Van Roo, co-founder and CEO of Yurts, stated that DeepSeek's popularity has actually boosted market demand for AI models. He believes this has had a positive impact on Nvidia, increasing market focus on generative AI.
Nvidia is ramping up production of its top-of-the-line Blackwell processors, with first-quarter sales reaching billions of dollars. Huang recently told financial analysts: "AI is developing at light speed, laying the foundation for the next wave of the AI revolution." He emphasized that Nvidia's chips and software platforms will continue to play a significant role in robotics, automobiles, and digital "agents"—AI that can make decisions in place of humans.
Furthermore, Huang may also discuss advancements in quantum computing. After numerous optimistic predictions, real-world applications of quantum computing are accelerating, with scientific breakthroughs expected in the coming years. US tech giants, startups, banks, and pharmaceutical companies are all heavily investing in this disruptive technology. Nvidia's GPUs excel at handling multiple computational tasks simultaneously, making them well-suited to the demands of quantum computing.
According to Nvidia's report, the company achieved record revenue of $130.5 billion last year, driven primarily by demand for its chips in data centers. For the current fiscal quarter, Nvidia projects revenue of $43 billion, exceeding analyst expectations.
Key Takeaways:
🌟 Nvidia will showcase its latest AI and quantum computing chips, with a focus on the Blackwell series GPUs.
📉 Despite pressure from DeepSeek's low-cost AI model, Nvidia remains optimistic about the future.
🚀 The rapid development of AI and quantum computing is driving investment and innovation among tech giants.
