The company highlighted “amazing” orders for its new Blackwell semiconductors, which are central to its shift from individual chips to integrated AI computing systems.

This comes after concerns about a slowdown in AI hardware spending, especially in light of Chinese AI startup DeepSeek’s advancements.

Despite a slight dip in shares after a strong regular trading session, Nvidia’s growth continues, with a revenue forecast of $43 billion for the first quarter, surpassing analysts’ predictions.

CEO Jensen Huang emphasized that AI is advancing rapidly and that the Blackwell chips are driving impressive sales. Nvidia’s data center revenue saw a 93% increase, bolstering its position in the AI market.

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However, there are challenges, including rising production costs and a slight drop in expected gross margins.

Despite these hurdles, Nvidia remains optimistic about the future as it accelerates Blackwell production.

Analysts also note growing orders from Chinese companies, further indicating strong AI chip demand.