However, at a time when Nvidia is trading at a substantial discount to its all-time high on concerns about macroeconomic growth, questions about the impact from DeepSeek, and some doubts about the return on investment from AI spending, Huang gave a key forecast that should reassure investors in Nvidia and the rest of the AI sector.

CEO Jensen Huang discussed the impact of Chinese startup DeepSeek's new artificial intelligence model in a Wednesday interview with CNBC's Jim Cramer at Nvidia's annual GTC conference. Huang asserted that the groundbreaking model will actually require more computation than many in the industry thought.

New Dynamo software splits AI inference across 1,000 GPUs to boost query throughput - Nvidia's answer to investor concerns that DeepSeek cuts the processing needed.