Despite growing fears about Deepseek's growing presence, tech giant Nvidia is reporting an impressive sales result.

Nvidia reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips, which power artificial intelligence systems, continued to grow.

This has also boosted the company's stock.

Greg Smith from Devon Funds Management says Nvidia has pulled ahead of all its competitors - with only Apple narrowly beating it out.

LISTEN ABOVE

Despite growing fears about Deepseek's growing presence, tech giant Nvidia is reporting an impressive sales result.
Nvidia reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips, which power artificial intelligence systems, continued to grow.
This has also boosted the company's stock.
Greg Smith from Devon Funds Management says Nvidia has pulled ahead of all its competitors - with only Apple narrowly beating it out.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Greg Smith: Devon Funds Management expert on Nvidia's record sales

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b8028f60-78cc-4f53-989c-b291007096bc/transcript