Fortune February 21, 2025
Beatrice Nolan

  • Nvidia CEO Jensen Huang addressed the market panic over DeepSeek’s R1 reasoning model. He emphasized that AI will continue to rely on Nvidia’s chips despite concerns that demand could decrease.

Nvidia CEO Jensen Huang has addressed a selloff that wiped nearly $600 billion from his company’s market value.

In an interview for Nvidia partner DDN and its software platform, Infinia, Huang said the market’s response to DeepSeek was based on a misunderstanding.

He called the Chinese AI startup’s...

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