Nvidia(US:NVDA) Sou Hu Cai Jing·2025-09-22 22:55Core Insights - OpenAI plans to build and deploy a 10 GW Nvidia system, equivalent to approximately 4 to 5 million GPUs, matching Nvidia's total shipments for the year and doubling last year's output [3][5][12] - Nvidia and OpenAI announced a strategic partnership with an investment of up to $100 billion to support OpenAI's AI data center plans [5][12] Investment and Financials - The partnership will be implemented in phases, starting with a 1 GW data center to be deployed in the second half of 2026, with an initial investment of $10 billion from Nvidia upon completion of the first system [7][14] - Building a 1 GW data center is estimated to cost between $50 billion and $60 billion, with about $35 billion allocated for Nvidia's chips and systems, indicating a significant share for Nvidia in OpenAI's infrastructure [14][17] - OpenAI's revenue is projected to reach $13 billion this year, a more than threefold increase from $4 billion last year, with a revised forecast for 2030 revenue exceeding $200 billion [17][18] Market Position and Competition - The collaboration secures Nvidia a strategic customer in OpenAI, enhancing its position in the AI chip market amid competition from AMD and cloud service providers [14][18] - OpenAI's R&D costs are expected to account for nearly 50% of its total revenue by 2030, significantly higher than the 10% to 20% range typical for other tech giants [17][18] Future Outlook - The partnership aims to accelerate the development of OpenAI's next-generation AI infrastructure, with expectations for significant outcomes in the coming months [12][18] - The AI infrastructure arms race has entered a new phase with investments reaching the billion-dollar mark, indicating a growing demand for computational resources [18]