Nvidia just told the chip industry it’s coming for everything. The company is projecting a $200 billion total addressable market for CPUs, a segment it has never seriously competed in, and CEO Jensen Huang confirmed that forecast includes anticipated demand from China.
That last part is particularly interesting given the US government’s ongoing export restrictions on advanced AI chips to China. Nvidia is essentially saying: we see the geopolitical headwinds, and we’re still counting that revenue in our projections.
The Vera play: purpose-built for agentic AI
At the center of this push is Vera, Nvidia’s new CPU that was unveiled in March 2026. The company describes it as the “world’s first CPU, purpose-built for agentic AI.”
Nvidia is projecting nearly $20 billion in standalone CPU revenue visibility for the current fiscal year. That’s not a long-term aspiration. That’s money the company expects to see rolling in now.
