Nvidia turned the semiconductor landscape on its head this week with a keynote that stretched from desktop processors to robotaxis. Jensen Huang, taking the stage at Computex and GTC Taipei, unveiled a product rollout so dense that it simultaneously rattled Intel, AMD, and Qualcomm while reinforcing Nvidia’s grip on the AI data center. The market wasted no time reacting: Nvidia shares climbed 4.3% on Monday to $220.21, while the Frankfurt-listed equivalent closed at €192.90 — roughly 20% above its 200-day moving average and within striking distance of its 52-week high of €201.
The RTX Spark: A Desktop CPU Ambush
The most disruptive announcement was the RTX Spark Superchip, Nvidia’s first ever processor for Windows PCs. Developed in collaboration with Microsoft and internally codenamed N1X, the chip packs up to 20 Arm CPU cores, a Blackwell GPU with 6,144 CUDA cores, and 128 GB of LPDDR5X memory. With a memory bandwidth of 300 GB/s and a direct NVLink C2C interconnect between CPU and GPU, Nvidia says the chip can run AI agents and language models of up to 120 billion parameters directly on the device — no cloud required. It also promises smooth 1440p gaming at 100 frames per second, aided by DLSS 4.5 and Multi Frame Generation.
The first OEMs to ship RTX Spark devices — Dell, HP, ASUS, Lenovo, and MSI — are expected to have products on shelves from autumn 2026. The competitive fallout was immediate: Intel lost roughly 5% on Monday, AMD shed about 4%, and Qualcomm plunged 8% as investors priced in a new player in a market those three have carved up for decades.
By contrast, Dell Technologies jumped 8% and Microsoft added 2%, both benefiting directly from the RTX Spark ecosystem. Nvidia CFO Colette Kress pointed to a broader CPU total addressable market of $200 billion — a figure that underscores the scale of the opportunity.
Vera Goes Mass Production While Vera Rubin Nears
Alongside the desktop push, Nvidia confirmed that its Vera CPU for data centers is already rolling off production lines in multimillion-unit volumes. Huang described this as serving “a market that didn’t exist before” — specialized CPUs purpose-built for AI workloads such as reinforcement learning, agentic AI, and data processing. Vera is said to accelerate task execution by a factor of 1.8 compared with traditional x86 processors.
First customers include OpenAI, Anthropic, xAI, Dell, Oracle, and CoreWeave. Hewlett Packard Enterprise showed a ready-built server on the Vera architecture at Computex: the ProLiant Compute DL394 Gen12, also slated for availability from autumn 2026.
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The next-generation Vera Rubin AI platform, which pairs the Vera CPU with a Rubin GPU, has already entered full production. CFO Colette Kress detailed the roadmap: Vera Rubin shipments are expected to begin in the third quarter of 2027. Nvidia is targeting $20 billion in CPU revenue for the current fiscal year alone.
Robotaxis Head to Munich
Nvidia’s automotive ambitions also took a concrete step forward on the GTC Taipei sidelines. Uber and the AI company Autobrains announced a partnership to launch a commercial robotaxi program in Munich — the first city to host the service. The technical backbone is Nvidia’s DRIVE Hyperion platform, which supports Level-4 autonomy. Autobrains uses a decentralized approach: rather than one central system, specialized decision-making agents handle individual driving tasks. Uber had previously flagged Munich as a test market for autonomous driving by 2026, and the collaboration fleshes out that plan. Nvidia reported a total of four new robotaxi deals on the DRIVE Hyperion platform at the event.
Wall Street Largely Unfazed — and Bullish
Goldman Sachs analyst James Schneider reiterated his buy rating after the keynote, and D.A. Davidson kept its $300 price target while adding the stock to its “Best-of-Breed Bison List.” Of the 40 analysts covering Nvidia, 38 rate it a buy, with only one hold and one sell. The average price target of roughly $310 implies about 40% upside from current levels.
The fundamental picture supports that optimism. In its most recent quarter, Nvidia posted revenue of $81.6 billion — an 85% year-over-year surge and well above the consensus estimate of roughly $78.9 billion. Diluted earnings per share came in at $1.87, up 140% from a year earlier and ahead of the $1.77 analysts had expected. For the current quarter, Nvidia guided for $91 billion in revenue, beating the Wall Street projection of about $87 billion. The company cautioned, however, that the guidance assumes zero revenue from the Chinese data center market.
Between a desktop chip that threatens the PC establishment, a data center CPU in mass production, a next-generation AI platform nearing delivery, and a robotaxi program poised to hit Munich streets, Jensen Huang’s Computex keynote left little doubt that Nvidia intends to dominate not just graphics — but computing itself.
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