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Nvidia posts $39B quarter: Has the AI chip giant defied market jitters over DeepSeek?

February 27, 2025
Source: indianexpress.com indianexpress.com
News Snapshot:
All eyes were on Nvidia on Wednesday, February 26, as the American chipmaker reported its first quarterly earnings after last month’s panic over DeepSeek. Wall Street analysts and investors closely watched the results for any potential signs that tech giants such as Google, Oracle, Amazon and Microsoft — who buy up to half of Nvidia’s AI chips — might scale back spending. But Nvidia CEO Jensen Huang has a reason to remain bullish, as the company not only beat Wall Street expectations but also exceeded its own estimates with strong fourth-quarter earnings. Nvidia reported that its revenue for the quarter...
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