Nvidia Launches Paid Startup GPU Program as Shares Drop 17%
NVDA•Nvidia unveiled a Startup Grant Program charging early-stage AI firms for GPU access, aiming to capture incremental revenue from the AI boom. Shares fell 12.6% in June and 17% from May peaks after multiple 15%+ pullbacks over the past five years, historically rebounding sharply.
1. Paid Startup Grant Program
Nvidia launched a Startup Grant Program requiring early-stage AI firms to pay standard GPU rates for computing resources, marking a shift from the free or deeply discounted credits offered under its earlier pilot schemes. The initiative targets companies with growing AI workloads, aiming to monetize surging demand and add a new revenue stream as enterprise adoption intensifies.
2. Historical Pullbacks and Rebounds
The company’s shares slid 12.6% in June and are down 17% from their May highs, following a pattern of multiple 15%+ selloffs over the past five years. Each prior pullback was followed by a swift recovery, suggesting the latest decline may present a lower-risk entry point for long-term investors.
