- Nvidia exceeded Q2 consensus estimates, raised Q3 guidance above Street expectations and projected 70% annual revenue growth in FY28 versus a 44% Street estimate.
- Nvidia's stand-alone Vera CPU targets agentic AI workloads, with the company claiming 1.8-times faster agentic task completion and fivefold higher bandwidth per watt than other data-center CPUs.
- The CPU expansion directly pressures AMD and Intel, although a projected $210 billion server-CPU market by 2030 leaves room for multiple suppliers if agentic AI adoption continues.
Quotes
“Today, the vast majority of AI is prompted by people. I believe that this last month it has crossed. Most AI are now agentic”
“But in the future, every company will have a whole bunch of agents. We have 40,000 employees, roughly. In the future, we'll have 400,000 agents, 4 million agents. Those agents are running continuously. They're running in the background.”