Earlier this year, the news that DeepSeek built a highly competitive reasoning model with only minimal training cost sent NVIDIA’s stock into a nosedive as analysts started wondering whether the age of large-scale AI hardware investments was coming to an end. It’s maybe no surprise then that much of this year’s keynote at GTC, NVIDIA’s annual conference, felt like a reaction to this. Jensen Huang, NVIDIA’s CEO and co-founder, announced the usual slew of new software and hardware, including the next generation of its flagship…