Nvidia to Reveal $20B Vera CPU Plan and $1T GPU Vision at Computex
NVDA•Nvidia shares have underperformed AI peers since its recent earnings, weighed by concerns over Rubin GPU ramp and custom cloud chips. CEO Jensen Huang is set to outline $20 billion revenue and $200 billion total addressable market for the Vera CPU and elaborate on a $1 trillion GPU systems vision at Computex.
1. Share Price Underperformance
Nvidia shares have lagged AI semiconductor peers since its recent earnings, driven by investor profit-taking and skepticism over the pace of its next-generation Rubin GPU ramp and competition from custom chips developed by major cloud providers.
2. Computex Keynote Objectives
Jensen Huang will use his Computex keynote to address investor concerns by providing a detailed timeline for the Rubin GPU ramp, outlining milestones and performance targets, and offering a long-term update on the networking segment’s growth strategy.
3. Vera CPU Revenue and TAM
The CEO is expected to elaborate on the Vera server CPU initiative, highlighting a projected $20 billion revenue run rate and a $200 billion total addressable market, positioning the CPU line as a critical new revenue stream alongside GPUs.
4. Supply Chain Dinner and Stock Implications
Huang’s dinner with Foxconn, TSMC and Pegatron executives underscores Nvidia’s strong supplier partnerships, and if broader AI momentum persists, the stock could approach $250 based on a 20x multiple on consensus 2027 earnings estimates.
