source: techcrunch ai: jensen huang says he’s found a ‘brand new’ $200b market for nvidia
level: business
nvidia ceo jensen huang announced a new $200 billion total addressable market for the company, centered on its vera cpu designed for agentic ai. speaking after record quarterly revenue of $81.6 billion, huang said vera is the first cpu purpose-built for agentic ai, a shift from traditional cloud cpus that focus on running multiple app instances. he noted that while gpus handle the thinking part of ai models, agents primarily run on cpus to perform tasks, predicting billions of agents will need dedicated hardware.
huang revealed that nvidia has already sold $20 billion worth of standalone vera cpus this year, with major hyperscalers and system makers partnering to deploy it. the cpu is sold alone or bundled with nvidia's rubin gpu, and its design prioritizes fast token processing over core-based multitasking. this positions nvidia to compete in a cpu market historically dominated by intel and amd, as well as custom chips from cloud providers like amazon web services.
the move addresses wall street concerns about nvidia's reliance on gpus and growing competition in ai chips. huang argued that the world is rebuilding computing for agentic and physical ai, with nvidia at the center of these transitions. he compared the future of agents to the current billion human users, suggesting a massive expansion in cpu demand as agents use tools similar to how people use pcs today.
why it matters: this signals a strategic expansion for nvidia into cpu markets, potentially reshaping ai infrastructure and offering new opportunities for data science workloads that rely on agent-based systems.
source: techcrunch ai: jensen huang says he’s found a ‘brand new’ $200b market for nvidia