Nvidia (NASDAQ:NVDA) gained 2.3% in early trading Wednesday after Nscale announced a landmark contract for roughly 200,000 NVIDIA GB300 GPUs with Microsoft (NASDAQ:MSFT), marking one of the largest AI infrastructure deals ever signed.
Under the multi-year agreement, Nvidia’s cutting-edge AI accelerators will be deployed across major sites in Europe and the U.S., with Nscale managing GPU clusters and AI services. The deal underscores soaring demand for Nvidia’s hardware as companies worldwide race to scale their AI capabilities.
The rollout includes about 104,000 GPUs at a hyperscale AI campus in Texas, scheduled to begin in Q3 2026, and around 12,600 GPUs at the Start Campus data center in Portugal starting in Q1 2026. It also expands on previous plans to deliver 23,000 GPUs to Nscale’s Loughton AI Campus in the UK and 52,000 GPUs through the Aker-Nscale joint venture in Narvik, Norway.
Nvidia stock was further supported by an analyst upgrade at HSBC and a broader rebound in the tech sector following recent trade-related weakness.
The agreement strengthens Nvidia’s dominant position in the global AI infrastructure space, as demand for high-performance computing continues to accelerate with the rapid development of AI applications.
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