Julie Morgan
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The company also said it does not expect any revenue from China for the period.
Analysts had expected the company to generate $72.78 billion in revenue.
Chinese AI firm DeepSeek has not shown U.S.
chipmakers its upcoming AI model for performance optimization.
This breaks away from standard industry practice ahead of a major model update.
Reuters reported citing people with knowledge of the matter that DeepSeek, which is expected to unveil the new model called V4, granted early access to domestic suppliers including Huawei Technologies.
AI developers usually share pre-release versions of major models with leading chip makers like NVIDIA and advanced micro devices to ensure their software works efficiently on widely used hardware.
NVIDIA, AMD, DeepSeq, and Huawei did not immediately respond to a request for comment
According to the CEO of research firm Creative Strategies, the move is likely part of a larger strategy by the Chinese government to try to keep U.S.
hardware and models disadvantaged in China.
Of course, I have a few other articles that are trending on Seeking Alpha.
The plaintiff in the social media addiction trial is set to take the stand after her therapist's testimony.
The Trump administration is holding back $259 million in Medicaid payments to Minnesota.
And odds in the Warner Brothers deal shifts to paramount as $14 million options bet signals Netflix upside if it loses.
I'm also including a link with an update to Salesforce earnings.
Ticker symbol CRM is down 3.4% in pre-market action.
On Wall Street at this early hour, Dow, S&P and Nasdaq futures are flat.
Crude oil is down 1% at $64 a barrel.