@wallstengine The GPU was the down payment. Now it’s $2,000 a year to keep it useful. Per card. Funny how “own the stack | Hanami
@wallstengine The GPU was the down payment. Now it’s $2,000 a year to keep it useful. Per card. Funny how “own the stack” always ends in a subscription.
Reply to @wallstengine: $NVDA CEO Jensen Huang says “software licensing will become increasingly a major part of our company’s business.”
He said it could cost “about $2,000 per GPU per year” to run NVIDIA’s software for AI agents in these AI factories.
So, some napkin math at that price, before discounts:
500K licensed GPUs = $1B in annual revenue.
1 million licensed GPUs = $2B
5 million licensed GPUs = $10B
So, hypothetically, NVIDIA could earn billions a year from GPUs it has already sold by selling enterprise software and support to the companies using them.
Note: These are illustrative revenue scenarios using Jensen’s pricing example, not NVIDIA guidance or profit estimates.(Historical earnings: For fiscal 2027Q2 (period ended 2026-07-26), NVIDIA reported basic EPS of 4.87, diluted EPS of 4.85, net income of USD 118.010 billion, and revenue of USD 177.837 billion.
Consensus expectations: For fiscal 2027Q3 (event date 2026-11-17), consensus expects EPS of 2.49 and revenue of USD 111.356 billion.)