Nvidia's latest report surprised the world with record revenues and optimistic forecasts, impacting AI and crypto industries significantly.
Nvidia's Record Sales
Nvidia exceeded expectations with revenue hitting $39.3 billion. Data center sales nearly doubled in 2024 to $115 billion. The company projects further revenue growth to around $43 billion next quarter.
Jensen Huang's Stance on DeepSeek
Despite concerns over the DeepSeek R1 model, Jensen Huang remains confident. He believes the DeepSeek R1 model increases demand for high-performance computing, benefiting Nvidia and AI and crypto markets.
AI Chips Market Boom
The demand for AI chips is growing thanks to investments by giants like Meta, Google, and Amazon. This trend highlights the need for powerful computing, bolstering Nvidia's market position.
Nvidia actively influences the AI industry and cryptocurrencies through innovations and record achievements, confirming the significance of their technology in the future.
