Nvidia CEO Jensen Huang reinforces the company's role in the 'evolving' AI trade
Published On Feb 27, 2025, 11:19 AM
Nvidia CEO Jensen Huang reiterated the company's pivotal role in the evolving AI technology landscape during the latest earnings call. Despite recent market concerns surrounding competition from cheaper AI models like DeepSeek, Huang emphasized that newer AI models will demand more processing power, which bodes well for Nvidia's high-performance chips. Huang pointed out that the true potential of AI workloads will continue to require Nvidia’s advanced technology. He also hinted at growing future applications beyond current dependencies on major cloud service providers, indicating further growth opportunities in consumer AI and generative applications.
Stock Forecasts
NVDA
Positive
Nvidia's leadership in advanced AI processing remains strong. Despite recent market sell-offs, the growth in AI workloads will likely favor Nvidia's high-performance GPUs. Given the company's upcoming innovations and the strong demand in the AI sector, Nvidia's stock could rebound positively in the medium to long term.
Related News
Stock market today: S&P 500, Nasdaq futures inch upwards after Nvidia-led sell-off
Feb 27, 2025, 7:13 PM
Futures attached to the major stock gauges drifted up as Wall Street scrutinizes Nvidia's latest earnings report.
Can AI help modernise Ireland's healthcare system?
Feb 27, 2025, 7:06 PM
Ireland is investing billions of euros to revamp its healthcare service - will AI help?
Nvidia stock sinks over 8%, market cap dips below $3T as earnings are no match for sky-high expectations
Feb 27, 2025, 4:02 PM
Nvidia stock sank 8.5% Thursday as investor enthusiasm over Blackwell AI sales was dampened by Nvidia's lower-than-expected guidance for first quarter gross margins.