According to CNBC, Nvidia GPUs are in such high demand that the chipmaker’s stock hit another record this week, lifting its market value close to $6 trillion, while management expects $108 billion in revenue for the October quarter, up 89% from a year earlier. The article says companies are accessing the chips through Amazon, Microsoft and Google, through neoclouds such as CoreWeave and Nebius, through online marketplaces, by bringing their own hardware to Oracle, through tactical rental deals, or by installing GPU-filled servers in their own data centers.

CNBC reported that five clients accounted for at least 10% of Nvidia’s accounts receivable in the July quarter, up from three in January, and that SemiAnalysis counted 323 Nvidia GPU providers in September, up from 209 less than 11 months earlier. Jensen Huang said at a Goldman Sachs tech conference that a new crop of neoclouds will emerge with hundreds of billions of dollars of backlog.

The piece said hyperscalers remain a major source of GPUs because enterprises value their scale and trust, but they do not always have enough chips to meet demand. Andy Jassy said Amazon will not be able to serve all the demand it foresees this year and said the same dynamic will likely continue in 2027. On the neocloud side, Modal now uses 25 providers, CoreWeave’s near-term capacity remains essentially sold out, and Nebius said some hyperscalers have approached it about serving customers they cannot handle themselves.

Oracle is letting clients bring their own GPUs, and its chief financial officer said such arrangements can preserve and improve margins and produce higher return on invested capital. The article also said SpaceX agreed to provide Cursor with GPUs before buying the startup for $60 billion, and later struck a deal to rent GPUs to Anthropic for $1.25 billion a month through mid-2029. In addition, the hourly spot price for an Nvidia B200 GPU has more than doubled since March, according to Ornn.