Nvidia CFO Reiterates $20B Vera CPU Target at $206 Share Price

On June 18 Nvidia CFO Colette Kress reaffirmed the company’s $20 billion standalone CPU revenue target for the fiscal year, underscoring competitive pressure on AMD and Intel. The campaign began May 20 with a $200 billion TAM projection and escalated June 1 when full production was declared and 1.8x performance versus x86 was claimed. Early shipments reached OpenAI, Anthropic and Oracle, followed by June 12 orders opened in China with August deliveries targeted, including a potential 300-plus server deal. NVDA traded near $206 as the story developed.