GPU AI News & Updates

Nvidia Reports Record $57B Revenue Driven by Surging AI Data Center Demand

Nvidia reported record Q3 revenue of $57 billion, up 62% year-over-year, driven primarily by its data center business which generated $51.2 billion. The company's CEO Jensen Huang emphasized that demand for its Blackwell GPU chips is extremely strong, with sales described as "off the charts" and cloud GPUs sold out. Nvidia forecasts continued growth with projected Q4 revenue of $65 billion, signaling sustained momentum in AI infrastructure investment.

Nvidia Reaches $5 Trillion Market Cap Milestone Driven by AI Chip Demand

Nvidia became the first public company to reach a $5 trillion market capitalization, driven by surging demand for its GPUs used in AI applications. The company expects $500 billion in AI chip sales and is building seven new supercomputers for the U.S., while also investing heavily in AI infrastructure partnerships including $100 billion commitment to OpenAI.

AMD Finances OpenAI's Multi-Billion Dollar GPU Purchase Through Stock Warrant Agreement

AMD and OpenAI announced a partnership where OpenAI will purchase 6 gigawatts of AMD compute capacity worth billions, paid for through up to 160 million AMD stock warrants that vest as milestones are achieved. The warrants could be worth approximately $100 billion if AMD's stock reaches $600 per share, though analysts expect OpenAI will likely sell shares incrementally to fund the purchases. This arrangement allows AMD to gain significant market share in AI data center infrastructure while effectively having investors finance OpenAI's purchases through stock price appreciation.

Nvidia Prepares to Unveil Next-Generation AI Hardware at GTC 2025

Nvidia's annual GTC conference is set to feature announcements of next-generation AI hardware, including the upgraded Blackwell B300 series (Blackwell Ultra) and details about the future Rubin GPU architecture. Despite recent challenges with overheating issues and stock price pressure, Nvidia remains dominant with 82% of the GPU market and recently reported record-breaking quarterly revenue of $39.3 billion.