Nvidia Beats Again as AWS Locks In 2 Million More GPUs Through 2028

Amazon Web Services and Nvidia said they will deploy 2 million additional graphics processing units (GPUs) by 2028, expanding an AI computing partnership that already anchors much of AWS's data center buildout. The announcement landed the same week Nvidia reported second-quarter results that beat Wall Street's estimates, prompting several sell-side analysts to argue the AI trade still has room to run. The scale of the commitment matters because it locks in demand for Nvidia's chips years out, at a time when investors have periodically worried that AI infrastructure spending could slow. Synopsys, which sells the chip-design software Nvidia and its rivals depend on, also raised its annual forecast this week, citing AI-driven demand — a signal that the spending is showing up across the supply chain, not just at Nvidia. What remains unresolved is whether the pace of GPU deployment translates into profit for the cloud providers footing the bill. AWS and Nvidia gave a 2028 deployment target but did not disclose the dollar value of the expanded order.