Nvidia CEO sees new $200B market for CPUs

Nvidia CEO Jensen Huang announced a significant new market opportunity for the company, projecting a $200 billion total addressable market for its new Vera CPU. This CPU is specifically designed for agentic AI, a rapidly growing field. Huang stated that Vera, sold standalone and bundled with GPUs, is already seeing strong demand, with $20 billion in sales this year. He believes agentic AI will require a massive increase in CPU usage, akin to the personal computer revolution. This move positions Nvidia to compete in the CPU market, traditionally dominated by Intel and AMD, and could be a major growth driver.