Nvidia reported that its revenue for the fourth quarter of the fiscal year reached a record-breaking $39.33 billion.
With projected sales set to rise to $43 billion this quarter, the robust forecast comes as DeepSeek’s low-cost AI model sowed doubts about the necessity for high-end chips.
Nvidia has signalled no drop in demand for its flagship chips among big artificial intelligence (AI) spenders despite the low-cost challenge posed by Chinese rival DeepSeek.
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Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips that power artificial intelligence systems continued to grow ...
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