Nvidia Just Delivered Bad News for AMD and Intel
Motley Fool·
- Nvidia reported strong second-quarter earnings and raised its third-quarter guidance, alongside an unexpected expansion into the standalone CPU market for agentic workflows.
- The company projected $20 billion in CPU sales for fiscal year 2027, with expectations for that revenue to more than double in fiscal 2028, posing a major competitive threat to AMD and Intel.
- Despite Nvidia's aggressive market entry, the overall server CPU total addressable market is projected to reach $210 billion by 2030 due to the rapid growth of agentic AI.