Ian King

But if we sort of back it out, a million chips, their average selling price for NVIDIA of one GPU for the data center is about $15,000, $16,000, probably as much as twice as that for a leading edge one.

So you're already talking as much as...

meta spends on NVIDIA gear in a year in just the GPUs add on top of that the networking add on top of that the CPUs and obviously it feels like an extension it feels like a bigger commitment to NVIDIA but they wouldn't say for sure.

Yeah, I mean, it's definitely a step forward for them.

It's definitely a market expansion for them.

You remember Jensen told us this a while ago.

He dropped a strong hint that this was coming, and here it is.

The key thing to look at is this is Intel's territory.

This is AMD's territory, the general purpose processor for a data center that...

that does a lot of the general computing tasks.

What NVIDIA is saying, hey, we've got this CPU that was buried in the middle of all of this gear, but you can just use it on its own as well.

That's a market extension for them if we see widespread adoption.

Obviously, Matter is a good adoption case.

Yeah, I mean, you know, the background here is Microsoft, Meta, Amazon.

They're all making their own CPUs.

They're all trying to make their own accelerators.

Any commitment to either NVIDIA or indeed AMD for exactly those parts is obviously something that investors want to see and is a strong sign for the chip makers themselves.

From Brussels, I'm following the politics, policy and the people shaping the European Union right now.

Yeah, I mean, they've got tens of thousands of products, tens of thousands of customers.

So they are literally everywhere.