Demand for Nvidia‘s pricey artificial intelligence chips will be in focus when the company reports results on Wednesday as investors doubt the hefty spending on the technology after low-cost AI models from China’s DeepSeek rattled the industry. The world’s second most valuable company has been the top beneficiary of an AI-driven spending spree by big technology companies over the past two years.
But claims that DeepSeek’s AI models rival its Western counterparts at a fraction of the cost has led some investors to ask if Nvidia’s cutting-edge chips…