Nvidia Inks Deal for 170K GPUs, Eyeing $30B Revenue and $115B OpenAI Spend
NVDA•Nvidia will deliver 170,000 GPUs to Firmus between early 2027 and 2028 under a deal set to generate up to $30 billion over six years. It also benefits from OpenAI’s $115 billion infrastructure spend through 2029 and ongoing memory chip shortages boosting data center demand.
1. Firmus Partnership Details
Nvidia and Australian AI provider Firmus Technologies signed an agreement for 170,000 GPUs to be delivered from the first quarter of 2027 through early 2028. Under the pact Nvidia will sell hardware and receive a share of cloud services revenue, targeting up to $30 billion in sales over six years.
2. OpenAI Infrastructure Spending
OpenAI plans to invest $115 billion in computing infrastructure through 2029, with Nvidia GPUs forming the backbone of its data centers. This positions Nvidia to capture a significant portion of one of the largest corporate AI spend plans.
3. Memory Shortages Driving Demand
AI-driven DRAM and high-bandwidth memory shortages are persisting into 2027, prompting hyperscalers and data center operators to hoard memory. Nvidia's GPU business benefits indirectly as limited memory supply and rising costs enhance the value of its complete AI infrastructure stack.
