Nvidia shares slip as Vera CPU orders expand in China

Nvidia shares slipped 0.18% on Friday after the company began offering orders for its Vera central processing units to Chinese customers, with possible shipments starting in August.

Nvidia has informed some Chinese customers they can place orders for Vera chips. One major cloud provider in China is preparing an initial order for more than 300 servers built around Vera, and those systems are expected to be tested in overseas data centers before any broader deployment.

Nvidia estimates Vera could represent about $20 billion in revenue by the end of its fiscal year in January. The processor business may face fewer U.S. export restrictions than the company’s graphics processing units.

Outside China, Nvidia signed a six-year partnership with Australian cloud-infrastructure provider SharonAI Holdings to build 72 megawatts of new data-center capacity across Australia. The project will deploy up to 40,000 Nvidia AI processors, and Nvidia will earn revenue from processor sales plus a share of cloud revenue from SharonAI’s hosting services.

In the United Kingdom, Nebius Group plans to invest roughly $2.275 billion in next-generation facilities that will run on Nvidia’s Vera Rubin products.

In South Korea, Nvidia and SK Telecom are partnering to develop AI-capable cloud infrastructure for both training and inference workloads.

Nvidia CEO Jensen Huang emphasized: “Inference is crucial to the outlook, as it is the application of AI and a much larger market segment than infrastructure and training.”

Firms including Wedbush and UBS expect sustained GPU demand while supply capacity continues to lag. Wedbush also flagged that the AI hardware upgrade cycle may be accelerating, with demand for Nvidia’s Blackwell platform stronger than expected deeper into the product cycle. Nvidia is covered by about 54 analysts, roughly 95% of whom have Buy recommendations.

Nvidia acquired Kumo AI, an enterprise-focused predictive agent platform that helps forecast operational needs using customer data. The company plans to use that software alongside physical AI applications such as warehouse automation.

The company is investing in production capacity and supply-chain resilience to handle rising demand for AI processors. Analysts point to those investments as part of how Nvidia is preparing for potential shortages.

Despite the global agreements and product rollouts, Nvidia’s stock movement remained modest on Friday as investors focused on supply dynamics, export regulations and the pace at which customers scale new hardware deployments.