AWS to Deploy 2M Additional Nvidia GPUs in Expanded AI Partnership
NVDA sits 39% above its 52-week low of $164.07 on elevated volume (2.1× avg).
Summary
Nvidia and AWS are deepening their partnership, with AWS deploying an additional two million GPUs starting this quarter through fiscal Q2 2029. The expansion spans AI factories, CPUs, networking, open models, data processing, and robotics. This follows Nvidia's blowout Q2 results and adds a major cloud customer commitment, reinforcing demand visibility for its data center business. The scale of the GPU deployment is material and signals continued hyperscaler investment in Nvidia's platform.
At the time of this announcement, NVDA was trading at $227.42 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.5T. The 52-week trading range was $164.07 to $236.54. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.