GPUs, CPUs, and logic chips driving AI training, inference, and cloud workloads.
NVIDIA Blackwell GPU ramp driving AI data center GPU revenue to an estimated $150B+ in calendar 2026 — up from ~$47B in 2024. Every major hyperscaler (AWS, Azure, Google, Meta, Oracle) on multi-year NVIDIA GPU purchase agreements. Demand described by NVIDIA CEO Jensen Huang as "insane" with lead times stretching 12+ months for GB200 systems.
Masayoshi Son expects ARM value to increase tenfold as AI shifts toward CPU-centric computing. Agentic AI runs continuous inference loops — favoring power-efficient CPUs over GPU-heavy training rigs. ARM licensing model scales with every chip shipped across cloud, edge, and mobile.