NVIDIA Launches Vera CPU, Targets $20B Revenue, Secures Major SharonAI Data Center Deal
Summary
NVIDIA launched its Vera standalone CPU for agentic AI, aiming for $20 billion in revenue from the Vera platform by fiscal year-end. This strategic expansion into CPUs complements its dominant GPU business. The company also secured a major six-year deal with SharonAI to build 72 MW of Australian data center capacity, deploying up to 40,000 Grace Blackwell GB300 GPUs. This follows a series of strong announcements, including record Q1 FY27 revenue and an $80 billion share repurchase authorization in May. The U.S. also approved H200 GPU sales to 10 Chinese firms, opening a critical market.
At the time of this announcement, NVDA was trading at $205.42 on NASDAQ in the Technology sector, with a market capitalization of approximately $5T. The 52-week trading range was $140.86 to $236.54. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Wiseek News.