CrowdStrike gains 3.6% on expanded NVIDIA AI agent security deal

CrowdStrike's move with NVIDIA builds on existing AI agent security work and pushes it toward the chip layer. At GTC Berlin, NVIDIA launched its OpenShell Reference Architecture, a full stack for running AI agents safely, with NVIDIA Sentry on BlueField-4 chips as the piece that NVIDIA says can stop a rogue agent within milliseconds. CrowdStrike later said it is plugging Falcon Guardian into OpenShell's runtime software and also plans to connect Falcon Guardian to Sentry on BlueField-4.

That distinction matters: the software integration is described as happening now, while the silicon-level part remains a plan, and neither company disclosed financial terms. CrowdStrike also sits inside a broader partner group — NVIDIA named 11 cybersecurity companies as building support for the architecture — so the deal is not an exclusive lock on the opportunity.

Meanwhile, CrowdStrike's business is already strong: net new ARR hit a record $333 million in the quarter ended July 31, up 51% from a year earlier. Analysts still expect revenue to grow from $4.81 billion in the year ended January 2026 to $9.02 billion in the year ending January 2029, about 23% a year, and those estimates have barely moved even as the stock more than doubled in 2026. At 161x forward earnings, well above its five-year average of 115x, the stock appears priced as if CrowdStrike already owns this market, so the early-December report on the quarter ending Oct. 31 is the near-term checkpoint for whether agent security shows up in net new ARR.