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

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

Heather du Plessis-Allan Drive · Newstalk ZB

February 27, 20254m 22s

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Show Notes

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.

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Topics

businesstechnologyNvidia