Founder and CEO of Nvidia Jensen Huang said the market is wrong when it comes to the technological progress of Deepseek and its potential to adversely affect the job of a chip manufacturer.
Instead, Huang called Deepseek’s open source R1 “incredibly exciting” while talking to Alex Bouzari, Datadirect Networks, UA CEO of Datadirect Networks A pre -recorded interview published on Thursday.
“I think the market responded to R1, as in:” Oh my God. Ai is done, “Huang told Bouzari.” You know, that turned out from the sky. We don’t need to count anymore. That’s just the opposite. That’s [the] Completely opposite. “
Huang said the publication of R1 is inherently good for the AI market and that it will accelerate the adoption of AI, unlike this edition, which means that the market no longer used to calculate resources – such as the ones Nvidia produces.
“It makes everyone notice that, okay, there are options for models to be far more effective than what we thought was possible,” Huang said. “And so it spreads and accelerates the adoption of Ai.”
He also pointed out that despite the progress of Deepsek, he would be achieved in AI models before training, after training, he would remain important and intense.
“The explanation is quite calculating its part,” Huang added.
Nvidia refused to make further comments.
Huang’s comments came almost a month after Deepsek released a version of the open code of his R1 model, which generally swinging the AI market and seemed disproportionately affecting Nvidia. The company’s share price fell 16.9% in one market after the publishing of the Deepseek news.
Nvidia sections closed in a section of $ 142.62 per section on January 24, according to the Yahoo Finance data. Next Monday, January 27, the shares quickly decreased and closed to $ 118.52 per share. This event wiped $ 600 billion from Nvidia market cap In just three days.
Chip shares have been recovering almost completely. On Friday, the shares opened in the amount of $ 140 per share, which means that the company could almost completely regain this lost value in about a month. Nvidia reports on his Q4 earnings 26. February which is likely to be more addressed by the market reaction.
Meanwhile, Deepseek announced on Thursday that he was planning Open source of five codes warehouses As part of an “open code” event next week.