J.P. Morgan's latest report on supplier Foxconn suggests that huge demand is coming, so demand for NVIDIA's rack-scale solutions will increase dramatically. There's always a limit to how much computing power customers can get, but in Nvidia's case, that ceiling has yet to be hit as big tech companies and government-backed institutions now join the AI ​​craze.

A JP Morgan report exploring Foxconn's business revealed that the field of "autonomous artificial intelligence" is expected to be valued at trillions of dollars, thanks to the U.S. "Stargate", Saudi Arabia's "Humain AI" and several other companies that have received government funding and logistical support. Additionally, Foxconn expects demand for its GB200 and GB300 artificial intelligence servers to remain strong in the coming months.

What's interesting about this report is that autonomous AI investment will actually bring a significant portion of NVIDIA's revenue, while Foxconn is more optimistic about the Stargate project. The "Stargate" project is supported by the United States and involves multiple companies. It is said that it will be expanded to a 10GW "super facility".

More importantly, it is estimated that the computing power brought by "Stargate" is equivalent to 70,000 GB200 AI servers. These servers alone can meet NVIDIA's production needs in the next few years. This shows that NVIDIA is not lacking in demand right now and that the company has a bright future.


Image source: NVIDIA

NVIDIA's GB300 "Blackwell Ultra" rack has ramped up production recently, and JPMorgan estimates Foxconn's AI revenue will grow significantly next year, by as much as 63%. Annual demand at the rack scale is likely to grow to 50,000 to 60,000 units, covering all configurations including NVL72 and NVL36. 2025 has proven to be a year of progress for AI server manufacturers, and it looks like it will continue to advance.

NVIDIA and its partners have massive AI computing needs to meet, and this report suggests that NVIDIA is ready to take the "AI bandwagon" to a whole new level, driven by customer demand and hype about AI advancements.