Nvidia Unveils Next-gen Ai Chips: Vera Rubin And Beyond

Huang, speaking at the companys annual software developer conference in San Jose, California, defended the companys lead in selling costly AI chips to customers, which has recently been questioned by investors after Chinas DeepSeek made a competitive chatbot with allegedly fewer AI chips.

But his presentation failed to reassure investors. Nvidia shares fell 3.4. The chip index closed down 1.6.

Almost the entire world got it wrong, Huang said on stage at the conference, dressed in his usual black leather jacket and jeans. He called the conference the Super Bowl of AI.

The amount of computation we need as a result of agentic AI, as a result of reasoning, is easily 100 times more than we thought we needed this time last year, he said, referring to autonomous AI agents that require little human intervention for routine tasks.

Nvidias big moneymaking chips face pressure from technological change as AI markets shift from training AI models such as chatbots on huge troves of data to make them smart to inference, which is when the model uses its intelligence to produce answers for users.