Big news about Nvidia, a company that makes super-powerful computer chips used for artificial intelligence (AI)! They're like the brains behind many smart devices. Recently, a Chinese company called DeepSeek created some similar, but cheaper, AI chips. This caused some worry about Nvidia's future.
- DeepSeek's cheaper chips made some investors question if Nvidia's chips are still needed.
- Nvidia's stock price dropped a lot after DeepSeek's announcement.
- Big tech companies like Microsoft and Meta are still buying lots of Nvidia's chips.
- Nvidia is making even more powerful chips, called Blackwell.
Nvidia Fact | Number |
---|---|
One-day stock loss (dollars) | $593 billion |
Expected Q4 revenue (billions) | $38.05 |
Expected Q1 revenue increase (%) | 60% |
Expected Q4 gross margin (%) | 73.5% |