Nvidia
Designs the GPUs that train and run most big AI models, and the CUDA software they run on.
- Revenue
- $89.0B data centre revenue in the quarter to July 2026 (fiscal Q2 2027), out of $96.2B total
- Growth
- Data centre revenue up 117% on a year earlier (fiscal Q2 2027)
- Based in
- Santa Clara, US
- Founded
- 1993
- Listed
- Public (NVDA)
Its chips and its CUDA software are what almost every AI lab already builds on.
Its biggest buyers are designing their own chips to cut their Nvidia bill.
Money coming in
Who pays Nvidia, and for what.
buys Nvidia systems for AI data centres under the same 10 GW letter of intent
datacenterdynamics.combuys Nvidia GPUs for the AI servers it sells
thenextweb.com
Money going out
Who Nvidia pays to do what it does.
invests in OpenAI as Nvidia systems go live, under a letter of intent for at least 10 GW
datacenterdynamics.compays for a non-exclusive licence to Groq's chip technology and hires most of its executives
dealroom.copays TSMC to make its AI GPUs and to package them with memory
buys high-bandwidth memory for its Rubin-generation GPUs
old.media-azi.mdinvested in Emerald AI's funding round
cooley.cominvested in Lumentum
tikr.compartnership to expand US optical connectivity manufacturing capacity tenfold
sec.govHas explored a strategic investment in Mercor (reported, no deal confirmed)
cryptobriefing.comReported to be in talks to invest in the lab
letsdatascience.comLed the lab's first big round
folio3.ailicence for Groq's inference technology, with Groq's founder and president joining Nvidia
w.mediatook part in the Series D round
orrick.cominvested in the Series B through NVentures
dealroom.coLicence deal for Poolside's models, plus an investment in Poolside (reported)
newcomer.co
Where it sits on the map
the default AI chip
Makes the GPUs that most AI inference runs on, and paid about $20B in late 2025 to license Groq's inference chip technology.
Sells NIM microservices and NVIDIA AI Enterprise software, which run AI models inside a company's own data centre.
Competitors and neighbours
Makes ChatGPT, the assistant most people use, and sells its models to businesses through an API.
About $13B revenue in 2025, against about $34B of costs (reported)
Open profileMakes Gemini, the assistant built into Android, Search and Workspace.
25% of AI chip supply (Epoch AI)
Open profileDesigns its own Trainium AI chips and rents them out through AWS.
5% of AI chip supply (Epoch AI)
Open profileDesigns custom AI chips for big clouds and AI labs, and the networking chips that link them.
AI chip revenue $16.7B in a quarter, up 221%
Open profileMakes fast inference chips for running models, built around its own LPU design.
$3.5B in a 2026 round that followed its Nvidia licensing deal
Open profileMakes very large single-chip AI systems built for fast answers from models.
$510M in 2025, with $87.9M net income
Open profileDesigns custom AI chips for large cloud customers, and the optical chips that link data centres.
$2.006B in the quarter to July 2026 (fiscal Q2 2026), up 58%
Open profileLicenses the processor designs (CPU cores) that most of the world's chips are built on, and earns royalties on each chip sold.
$4.92B for the year to March 2026, a record
Open profileSells chip-design software and design blocks used to build AI and other chips.
$1.58B in the quarter to June 2026, up 24.2%. Full-year 2026 guidance about $6.3B
Open profileSources: theenergymag.com, barchart.com, w.media, ciodive.com, finance.yahoo.com
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241 companies across 25 areas, 62 money flows and 89 openings so far. New research lands every Tuesday, Thursday and Saturday.
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