Japan’s government homegrown network provider, Sakura Internet, is stocking up on GPUs made by U.S. chipmaker Nvidia (NVDA), writes Takashi Mochizuki and Yuki Furukawa for Bloomberg. Osaka-based Sakura is an alternative to data centers run by Microsoft (MSFT), Alphabet (GOOG) and Amazon (AMZN) in Japan, and “will likely be fully booked by the time it comes online in three years,” noted the Bloomberg story. The firm is looking to buy 10,000 Nvidia GPUs “every year to meet snowballing demand,” writes Bloomberg , citing Sakura founder Kunihiro Tanaka.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- Supermicro plunges after auditor exits on unwillingness to back statements
- OpenAI Teams Up with Broadcom and TSM to Develop Custom AI Chips
- Arm Holdings vs. Nvidia: Which is the Better Semiconductor Stock?
- What Wall Street is saying about Microsoft ahead of earnings
- Musk’s xAI in talks to raise funding valuing it at $40B, WSJ reports