Nvidia continues to expand its position as the central infrastructure powerhouse of the AI industry: according to Reuters, Nvidia-backed provider Firmus has signed a deal with OpenAI for data center capacity in Malaysia and is simultaneously launching a roadshow for an IPO in Australia. At the same time, according to Yahoo Finance, Nvidia CEO Jensen Huang described the company's chips as 'highly rentable,' durable assets, while the stock continues to rise after a strong week and, according to Investor's Business Daily, is showing new buy signals.
- According to Reuters, Firmus, an Nvidia-backed company, has signed a deal with OpenAI for data center capacity in Malaysia.
- Firmus is also launching a roadshow for what is being called a 'landmark' IPO in Australia (Startup Fortune).
- According to Yahoo Finance, Jensen Huang says the three-year-old H100 chip continues to command high prices, since compute is 'fungible, durable, and highly rentable.'
- According to CNBC, Nvidia supplier Wistron saw its share price drop after announcing a global stock sale worth $1.5 billion.
- According to GamesBeat, Nvidia has made the Arm architecture the most widely used accelerated CPU in data centers.
What does the Firmus deal with OpenAI mean for Nvidia?
According to Reuters, Firmus, an Nvidia-backed company, has signed an agreement with OpenAI for data center capacity in Malaysia. At the same time, according to Startup Fortune, Firmus is launching a roadshow for what is described as a 'landmark' IPO in Australia. For Nvidia, this means further entrenchment of its hardware in global AI infrastructure, as partner companies like Firmus act as capacity providers for major AI labs such as OpenAI, thereby securing demand for Nvidia systems across new regions like Malaysia and Australia.
Why does Jensen Huang call older chips like the H100 'highly rentable'?
According to Yahoo Finance, Jensen Huang stated that the now three-year-old H100 chip continues to command high prices in the market. He describes compute capacity as 'fungible, durable, and highly rentable' — an indication that older Nvidia hardware remains economically relevant despite newer chip generations and continues to pay off for data center operators instead of losing value.
How is Nvidia's stock currently reacting to the news?
According to Yahoo Finance, Nvidia shares continue to rise after a strong week. Investor's Business Daily additionally reports buy signals for Nvidia, Micron, and Sandisk, while Dow futures overall are trading weaker.
What role does the case of the blacklisted Chinese company play for Nvidia?
The New York Times reports that a blacklisted Chinese tech company reportedly continued to gain access to America's best AI chips. The case raises questions about the effectiveness of existing export controls on Nvidia hardware.
Nvidia is also expanding its ecosystem beyond GPUs: according to GamesBeat, Arm has unveiled new designs for agentic AI, while Nvidia has made the Arm architecture the most widely used accelerated CPU in data centers. This strengthens Nvidia's influence over the entire data center architecture, not just individual accelerator cards.
Compute is fungible, durable, and highly rentable.
Jensen Huang, Nvidia CEO, according to Yahoo Finance
