Bank of America analysts project Nvidia’s server CPU market for agentic AI could expand nearly fourfold to $170 billion by 2030.
Bank of America identifies Nvidia’s push into the CPU market as its next major growth opportunity, targeting a segment dominated by AMD and Intel. Analysts estimate the server CPU market for agentic AI could reach $170 billion by 2030, up nearly fourfold from current levels.
Nvidia’s Vera CPUs, designed for single-threaded performance, are positioned to handle agentic workloads. CEO Jensen Huang linked Vera directly to AI agents, signaling a strategic shift beyond GPUs. The company’s stock closed at $212.06, up 2.3%, outperforming the S&P 500’s 8.5% gain over six months.
Alphabet’s increased 2026 CapEx forecast to $195 billion-$205 billion underscores sustained demand for AI infrastructure, further supporting Nvidia’s expansion plans.