Headline: UNCAPTIONED: Nvidia Reports Strong AI Chip Sales Despite Market Bubble Fears
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Nvidia Reports Strong AI Chip Sales Despite Market Bubble Fears. Nvidia, the chip giant driving the artificial intelligence boom reported over $39 billion in sales last quarter, a 74% year-on-year increase, despite concerns over a potential market bubble. The emergence of Chinese AI firm DeepSeek, which trained its chatbot using cheaper chips, triggered a brief sell-off in Nvidia stock earlier this month. However, investor confidence rebounded as major tech firms like Meta reaffirmed their AI investment plans. CEO Jensen Huang dismissed fears of a slowdown, emphasizing that AI’s evolution requires advanced chips. Nvidia remains the dominant force in the AI chip market, powering companies like Microsoft.
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