Jensen Huang claims Nvidia's new Vera CPU opens a $200 billion market for agentic AI

Nvidia CEO Jensen Huang announced on Wednesday's earnings call that the company's new Vera CPU—introduced in March and sold alone or bundled with the Rubin GPU—addresses a "brand new $200 billion TAM" (total addressable market) previously untouched by Nvidia. Huang described Vera as "the world's first CPU, purpose-built for agentic AI."

Vera is designed to process tokens as fast as possible, unlike traditional cloud CPUs built with "cores" to run multiple app instances. Huang explained that while AI model "thinking" uses GPUs, AI agents (self-directed AI systems) mostly run on CPUs to execute assigned tasks, and Vera targets this workload.

Nvidia posted $81.6 billion in revenue in the latest quarter and forecast $91 billion for the next, with Huang positioning Vera as "a major new growth driver." He stated that "every major hyperscaler and system maker is partnering with us to deploy it."