On Tuesday, Nvidia CEO Jensen Huang demonstrated advanced AI chips along with novel applications for the technology. He dismissed concerns about China’s DeepSeek potentially upending the market and downplayed risks posed by U.S. President Donald Trump's trade disputes.
At Nvidia’s yearly developers conference, which filled the SAP Center in San Jose—the home arena of the NHL’s Sharks hockey team—Huang delivered an eagerly awaited keynote address.
Billing the event as an AI Super Bowl, the Taiwan-born tech titan was greeted by an audience of more than 20,000 who sat through his two-hour-plus address announcing the company's latest updates.
He stated that 'the difference lies in the fact that everybody emerges as a victor at this Super Bowl,' emphasizing the inclusive advantages of AI technology.
Huang utilized the yearly address to reveal recent advancements and partnerships within the firm he established over thirty years ago. This enterprise experienced tremendous expansion during the artificial intelligence boom, which was primarily fueled by the company’s flagship offering: Graphics Processing Units (GPUs).
Huang highlighted the improvements in Nvidia’s newest Blackwell series of graphics processing units, along with new components or systems designed for robotics and communications technology.
The announcements featured a collaboration with General Motors aimed at creating autonomous cars equipped with an Nvidia-developed onboard computer capable of performing up to 1,000 trillion calculations per second.
He introduced a telecommunications initiative involving T-Mobile and Cisco Systems, in which Nvidia will assist in developing AI-capable equipment for future 6G networks, the next generation beyond current 5G technology.
Pressure
The surge in artificial intelligence has driven Nvidia’s stock prices to record highs; however, it experienced a significant downturn early this year due to the unexpected rise of DeepSeek and the economic uncertainties caused by President Trump’s trade disputes with major trading allies, particularly China.
Trump has threatened to slap extra tariffs on imports of computer chips to the United States, which will heap pressure on Nvidia's business that depends on imported components, mainly from Taiwan.
Premium variants of Nvidia's chips also encounter U.S. export limitations targeting the key Chinese market, which is a component of Washington's strategy to impede the progress of its Asian rival in this critical technology sector.
Despite these challenges, Nvidia’s stock, which is among the most actively traded on Wall Street, has dropped over 17 percent since Trump assumed office in January and following the unveiling of DeepSeek, an artificial intelligence model.
Based in China, DeepSeek has disrupted the field of generative AI by introducing an affordable yet powerful model that poses a challenge to the dominance of OpenAI and similar large-budget companies.
However, multiple nations have raised concerns about DeepSeek's management of data and the potential risk that it might be influenced by the desires and goals of the Chinese government.
High-performance Nvidia graphics cards are highly sought after by major technology companies constructing data centers for their AI operations. Some argue that an affordable alternative might undermine the business of this prominent Silicon Valley semiconductor company.
However, Nvidia and other companies contend that more affordable AI models will lead to greater proliferation, thereby intensifying the demand for computational resources and Nvidia’s technologies.
Riding the AI wave, Nvidia has ramped up production of its top-of-the-line Blackwell processors for powering AI, logging billions in sales in just months.
Nvidia reported it finished last year with record high revenue of $130.5 billion, driven by demand for its chips to power AI in data centers.
Nvidia projected revenue of $43 billion in the current fiscal quarter, topping analyst expectations.
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