Nvidia struck a strategic partnership with Australia’s Firmus Technologies to deploy 170,000 GPUs in Indonesia from early 2027, potentially driving up to $30 billion in cloud revenue over six years. Nokia’s $1 billion AI infrastructure deal and 12–14% sales guidance boost Nvidia’s hardware demand as high-profile insiders trim AI positions.
Nvidia signed a strategic agreement with Australia’s Firmus Technologies to deliver 170,000 GPUs in Batam, Indonesia between Q1 2027 and early 2028. The collaboration aims to provide cloud services for emerging AI firms and generate up to $30 billion in product and cloud revenue over six years.
Nokia announced a $1 billion AI infrastructure partnership with Nvidia focused on developing AI-enabled 6G cellular networks. This collaboration drove Nokia to raise its network infrastructure sales growth guidance to 12–14%, boosting demand for Nvidia’s GPUs in telecom data centers.
Prominent investors including Stanley Druckenmiller, Peter Thiel, and Michael Burry have been offloading or hedging their AI-related holdings. Their actions fuel concerns that insiders may be exercising caution over future AI market valuations, potentially signaling a reevaluation of Nvidia’s growth expectations.
Globenewswire
