NVIDIA Partners With 8 Australian Firms for 2-Gigawatt AI Buildout by 2027
NVDA sits 36% above its 52-week low of $164.27.
Summary
NVIDIA is expanding its AI infrastructure footprint in Australia through partnerships with eight local data center and AI infrastructure providers, targeting up to 2 gigawatts of capacity by 2027. The collaboration includes Firmus, Sharon AI, IREN, Megaport, ResetData, CDC, NEXTDC, and AirTrunk, with Sharon AI alone deploying up to 68,000 NVIDIA GPUs. This builds on NVIDIA's aggressive global expansion, following its $4.25B Texas data center deal and the $105B Ohio AI campus partnership. The move strengthens NVIDIA's position in the Asia-Pacific region and supports growing demand from AI labs and startups. Watch for further announcements on capacity commitments and revenue impact in upcoming quarters.
At the time of this announcement, NVDA was trading at $223.67 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.4T. The 52-week trading range was $164.27 to $236.54. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.