capexScore 35/100Watch
NVIDIA Hopper GPU production ramping in Q4 2022; demand from hyperscalers 'dying to get them'
Jensen Huang· NVIDIA· AI· 2022-08-25· about NVIDIA (NVDA)
“With respect to Hopper, we're in full production now. And we're racing to get Hopper to all of the CSPs who are dying to get them... We expect to ship substantial Hoppers in Q4.”
Why it matters
Hopper ramp signals acceleration in hyperscaler capex for AI infrastructure in Q4 2022 and beyond. This suggests demand for supporting infrastructure (power, cooling, networking) and system integration services will spike.
Investment implication
Hyperscalers will need to scale data center infrastructure to absorb Hopper GPUs. Companies providing power delivery, thermal management, data center construction/integration, and networking will see accelerated capex demand.