Nvidia's Vera CPU opens a $200B market for agentic AI

Nvidia CEO Jensen Huang doubled down on his company's future during Wednesday's earnings call, revealing a new $200 billion total addressable market (TAM) for Nvidia's Vera CPU. Introduced in March, Vera is billed as the world's first CPU purpose-built for agentic AI — autonomous agents that act on behalf of users. Huang argued that while GPUs handle AI reasoning, agents rely heavily on CPUs to execute tasks, and that Vera's token-processing speed gives it a unique advantage over general-purpose cloud CPUs. He noted that Nvidia has already sold $20 billion worth of standalone Vera CPUs this year, underscoring immediate demand.

This announcement comes as Nvidia posted record quarterly revenue of $81.6 billion and forecast $91 billion for the next quarter, despite growing competition from Amazon Web Services and other cloud providers developing their own AI chips. Huang framed Vera as a major growth driver independent of Nvidia's GPU dominance, predicting that the world will eventually have billions of agents, each needing its own CPU-driven 'PC' to run tools. With every major hyperscaler already partnering to deploy Vera, Huang sees Nvidia sitting at the center of a computing transition from human-centric to agent-centric infrastructure.