Nvidia's next act is bigger than selling AI chips: Chart of the Day.

Nvidia aims to become the architecture of AI, moving beyond just being a chipmaker. The company's revenue opportunity per gigawatt of AI-factory power capacity has increased significantly, from $18 billion with Hopper to $25 billion with Grace Blackwell, and is projected to reach $40 billion with Vera Rubin. This growth is driven by Nvidia's strategy to sell more of the surrounding infrastructure, as Vera Rubin integrates Nvidia's latest CPU, GPUs, networking, and memory, rather than just being a new GPU.