Nvidia: AI boom drives growth despite Deepseek shock

In the past quarter, revenues rose by 78 percent year-on-year to $39.3 billion. "Blackwell" chips are the top model in Nvidia's product range and cost several tens of thousands of dollars each.

"The demand for 'Blackwell' chips is astonishing," Huang said on Wednesday. Sales of these processors have already reached several billion dollars in the first few months after mass production began. "AI is developing at the speed of light."