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Agence France-Presse

Nvidia chief executive Jensen Huang is expected to showcase cutting-edge chips for artificial intelligence (AI) and quantum computing on Tuesday, shrugging off talk of China’s DeepSeek disrupting the market.
Huang’s keynote presentation at Nvidia’s annual developers conference should pack the SAP Centre in the Silicon Valley city of San Jose, where the Sharks NHL hockey team plays.
Industry watchers expect Huang to spotlight Nvidia’s latest Blackwell line of graphics processing units (GPUs), including new updates in the works.
The AI boom propelled Nvidia stock price to stratospheric levels until a steep sell-off early this year triggered by the sudden success of DeepSeek.

The stock, one of the most traded on Wall Street, is down more than 9 per cent this year despite a recent rebound from a March low.
China-based DeepSeek shook up the world of generative artificial intelligence (GenAI) with the debut of a low-cost but high-performance model that challenges the hegemony of OpenAI and other big-spending behemoths.
But several countries have questioned DeepSeek’s handling of data, which the firm says is collected in “secure servers located in the People’s Republic of China”.
Nvidia high-end GPUs are in hot demand by tech giants building data centres to power artificial intelligence, and some say a low-cost option could weaken the Silicon Valley chip star’s business.
Yurts co-founder and CEO Ben Van Roo, whose company specialises 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.”
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 revolutionise 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, start-ups, 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 US$130.5 billion, driven by demand for its chips to power artificial intelligence in data centres.
Nvidia projected revenue of US$43 billion in the current fiscal quarter, topping analyst expectations.


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Artificial intelligence

Nvidia CEO Jensen Huang gives a keynote address at CES 2025 in Las Vegas, Nevada, January 6, 2025. Photo: Reuters

Visitors watch an Nvidia hologram at the stand of Dell Technologies at the Mobile World Congress in Barcelona on March 5, 2025. Photo: AFP

Chip war: Chinese start-up aims to break Nvidia’s grip on AI with new model framework

A Chinese team says its new AI framework can run on domestic chips. Photo: AFP

DeepSeek’s success lies in start-up’s singular focus on innovation, AI scientist says

Asset id: 2592421365&#xA;&#xA;Smartphone displaying the Deepseek logo with the Chinese flag in the background. China and artificial intelligence are thriving on the global stage. 01.03.2025. İstanbul, Türkiye. Shutterstock Images

Artificial intelligence scientist Yang Hongxia, the associate dean for global engagement at Hong Kong Polytechnic University, discusses DeepSeek’s success at a forum last week. Photo: Handout

Yang Hongxia, associate dean for global engagement at Hong Kong Polytechnic University, speaks at the event “DeepSeek and Beyond” held last week. Photo: Handout

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Industry watchers expect CEO Huang to spotlight Nvidia’s latest Blackwell line of graphics processing units (GPUs)


Industry watchers expect CEO Huang to spotlight Nvidia’s latest Blackwell line of graphics processing units (GPUs).


Nvidia

DeepSeek