 "Nvidia's Jensen Huang to unveil cutting-edge AI and quantum computing processors")
Nvidia CEO Jensen Huang is scheduled to unveil cutting-edge processors for artificial intelligence (AI) and quantum computing on Tuesday, dismissing concerns about China’s DeepSeek disrupting the market.
Huang’s keynote address at Nvidia’s annual developers conference is expected to fill the SAP Centre in San Jose, California, home of the Sharks NHL hockey club.
Industry analysts anticipate Huang highlighting Nvidia’s newest Blackwell range of graphics processing units (GPUs), which has fresh improvements in the works.
The AI surge boosted Nvidia stock prices to unprecedented heights until a sharp sell-off early this year, prompted by DeepSeek’s unexpected triumph.
Despite a recent recovery from a March low, the stock—one of the most traded on Wall Street—has lost almost nine percent of its value this year.
DeepSeek, located in China, shook up the world of generative artificial intelligence (GenAI) with the release of a low-cost, high-performance model that rivals OpenAI and other big-spending behemoths.
However, some governments have questioned DeepSeek’s handling of data, which the company claims is collected on “secure servers located in the People’s Republic of China.”
Nvidia’s high-end GPUs are in strong demand from tech firms building data centres to fuel artificial intelligence, and some believe a low-cost alternative might harm the Silicon Valley chipmaker’s company.
Impact Shorts
More ShortsYurts co-founder and CEO Ben Van Roo, whose company specializes in keeping sensitive data protected while allowing access by AI models, believes DeepSeek’s popularity bodes well for Nvidia.
“DeepSeek drastically accelerated the desire to consume these models,” Van Roo told AFP.
“You’ve opened the world’s appetite even more (to generative AI) and independent of the fact that it’s Chinese, I think it was a good day for Nvidia.”
Blackwell Booming
Nvidia has ramped up production of its top-of-the-line Blackwell processors for powering AI, logging billions in sales in its first quarter on the market.
“AI is advancing at light speed” and is setting the stage “for the next wave of AI to revolutionize the largest industries,” Huang told financial analysts recently.
Huang believes Nvidia chips and software platforms will continue to power or train AI for robots, cars, and digital “agents,” the term used for AI that can execute decisions instead of humans.
The CEO is also likely to talk up a leap to quantum computing.
After several dashed predictions, quantum computing is accelerating rapidly with actual use cases and scientific breakthroughs expected within years, not decades.
US tech giants, startups, banks, and pharmaceutical companies are pouring investments into this revolutionary technology.
GPUs like those made by Nvidia are ideal for handling multiple computing tasks simultaneously, making them well suited for quantum computing.
The US and China are racing ahead in quantum development, with Washington imposing export restrictions on the technology.
Nvidia reported that it finished last year with record high revenue of $130.5 billion, driven by demand for its chips to power artificial intelligence in data centers.
Nvidia projected revenue of $43 billion in the current fiscal quarter, topping analyst expectations.
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