NVIDIA Secures Massive 170,000 GPU Order for 360MW AI Data Center, Partners with Palantir
NVDA sits 29% above its 52-week low of $151.49.
Summary
NVIDIA secured a multi-year deal with Firmus for up to 170,000 GPUs to power a new 360 MW AI data center in Batam through 2027-2028. The company also partnered with Palantir to deploy its AI models and enterprise solutions in U.S. government and critical infrastructure. Additionally, Anthropic's Claude models are now running on NVIDIA's GB300 Blackwell Ultra in Microsoft Azure. This news reinforces the strong demand narrative for NVIDIA's AI infrastructure, following a series of positive announcements including record Q1 FY27 revenue, strong guidance, and an $80 billion share repurchase authorization. The Firmus deal represents a substantial, multi-billion dollar GPU order pipeline, solidifying future revenue streams. The Palantir partnership expands NVIDIA's strategic reach into critical government sectors, while the Anthropic deployment highlights continued adoption of its latest hardware in major cloud environments.
At the time of this announcement, NVDA was trading at $195.14 on NASDAQ in the Technology sector, with a market capitalization of approximately $4.7T. The 52-week trading range was $151.49 to $236.54. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Wiseek News.