Nvidia Data Center Hits 91.5% Revenue as Cerebras Eyes $8B IPO
Gamers warn that Nvidia's focus on AI GPUs has deprioritized GeForce gaming cards, as data center chips now account for 91.5% of revenue. Meanwhile, rival Cerebras Systems filed for an $8 billion IPO under CBRS after securing an $850 million credit facility, and Braun Stacey trimmed its NVDA stake by 1.1%.
1. Gaming Community Discontent
Gamers report frustration as Nvidia allocates memory to Blackwell and Rubin AI GPUs over GeForce lines, straining the company’s once-strong PC gaming loyalty.
2. Data Center Revenue Dominance
Nvidia’s data center segment now represents 91.5% of total revenue, highlighting accelerated growth in AI chip demand and increasing exposure to enterprise spending cycles.
3. Cerebras Files $8B IPO
Competitor Cerebras Systems filed for a Nasdaq listing under the ticker CBRS at an $8 billion valuation after securing an $850 million credit facility, intensifying competition in AI hardware.
4. Institutional Stake Adjustment
Braun Stacey Associates reduced its Nvidia holdings by 1.1%, selling 12,744 shares to hold 1,115,635 shares, indicating modest profit-taking or portfolio rebalancing.