A new forecast from TrendForce puts the combined output value of Nvidia's next-generation rack systems at more than $710 billion by 2027. The 214% year over year increase marks an eightfold jump from the $89 billion base in 2025. This transition to the Vera Rubin platform is projected to drive an infrastructure cycle larger than Blackwell, increasing spending on memory, networking, power and cooling.
Average selling prices for Rubin systems are expected to double compared to GB300. The buyer mix is shifting as the five major North American cloud providers' procurement share drops from 70% in 2025 to 60% in 2026, with Tesla, xAI, SpaceX and CoreWeave taking more. Nvidia reported fiscal second quarter revenue of $96.2 billion on August 26 and notes its data center business now approaches 93% of total revenue.
Key sources
- SOURCE@stocksavvyshay“Rubin a much larger infrastructure cycle than Blackwell pulling significantly more spend into memory, networking, power and cooling”x.com
- SUPPORT@semiconductorsx“The five major North American cloud providers remain the core buyers, but their share of procurement is expected to fall from about 70% in 2025 to 60% in 2026”x.com
- SUPPORT@melvininvests“revenue hit $96.2 billion, up 106% year over year and well above the roughly $92 billion analysts expected”x.com