Nvidia Strikes Multiyear AWS Deal for 1 Million AI GPUs Through 2027

Overview

• Nvidia reached a confirmed supply agreement with Amazon Web Services that covers 1 million GPUs and runs through 2027.
• Ian Buck said the deal starts this year and adds Groq-derived processors, six other Nvidia chips, and ConnectX and SpectrumX network gear for AWS data centers.
• At its GTC conference, Nvidia introduced a Language Processing Unit based on Groq technology, unveiled Vera CPU–based rack systems, detailed the Kyber rack design with 144 GPUs slated to ship in 2027, and projected roughly $1 trillion in Blackwell and Rubin chip revenue by 2027.
• Shares showed little reaction as investors weighed high expectations and uncertainty tied to sales constraints in China.
• TV host Jim Cramer said he owns Nvidia but expects near-term weakness and argued the company’s outside investments help build an ecosystem that keeps customers using its platform.