NVIDIA Corporation (NASDAQ:NVDA) is one of the High Growth Semiconductor Stocks to Buy. On March 19, Reuters reported that NVIDIA Corporation (NASDAQ:NVDA) has entered a deal with Amazon Web Services to supply 1 million GPUs along with additional products through 2027.
The report noted that earlier both companies had notified about the agreement, but didn’t disclose the timing of the order. However, Nvidia VP Ian Buck told Reuters that the deal is expected to start this year and will continue through 2027.
The deal aligns with NVIDIA Corporation (NASDAQ:NVDA)’s ambitious outlook of $1 trillion in sales from its upcoming Rubin and Blackwell chip families by 2027. Although the financial details of the agreement were not disclosed, Ian Buck said that beyond the 1 million GPUs, the transaction includes Nvidia’s new Groq chips plus six other Nvidia chips. Reuters noted AWS will deploy Nvidia’s ConnectX and SpectrumX equipment in data centers, supplementing AWS’s custom networking. Moreover, Ian Buck highlighted ongoing collaboration for high-priority AI workloads and major customers.
NVIDIA Corporation (NASDAQ:NVDA) is a California-based data center-scale AI infrastructure company. Incorporated in 1993, the company operates through two segments: Compute & Networking and Graphics.
While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 High-Flying Penny Stocks to Buyand 10 Cheap Stocks to Buy for High Returns in 2026
Disclosure: None. Follow Insider Monkey on Google News.
Comments are closed, but trackbacks and pingbacks are open.