Nvidia's Vera CPU is seeing significant demand, with multiple customers committing over $1 billion each this year, driving a higher run rate for the product. CEO Jensen Huang stated that the memory shortage will persist for several years, impacting margins for companies like Microsoft, which are projected to see margins drop to 73% next year due to memory costs. Nvidia also confirmed its Rubin Ultra roadmap is on track, while discontinuing Kyber development for a superior scale-up technology.
Nvidia's Vera CPU is gaining significant standalone traction, while the persistent memory shortage will continue to pressure margins for hyperscalers and other AI infrastructure buyers.