As of 2025, there are approximately 1,200 hyperscale data centers worldwide, operated by the major cloud and technology providers—Amazon AWS, Microsoft Azure, Google Cloud, Meta, Apple, and a few others. While hyperscale data centers represent only a small share of total data centers globally, they are massive in scale and critical to cloud computing, AI, and intensive workloads.
Typical rack counts per hyperscale facility vary:
- Smaller sites: 5,000 to 10,000 racks
- Mega sites: 30,000 to 50,000+ racks
Using a conservative average of 15,000 to 25,000 racks per data center, the global hyperscale rack count is estimated at 18 million to 30 million racks.
Potential NVIDIA NVL72 Adoption
If 3% of these hyperscale racks were to migrate to NVIDIA’s new NVL72 Blackwell racks (priced at $3 million per rack), the market opportunity becomes clear.
- 3% of global racks = 540,000 to 900,000 racks
- NVIDIA’s capture of 80% of that migrating market = 432,000 to 720,000 racks
Revenue Projection
At $3 million per rack:
- Total revenue = $1.296 trillion to $2.16 trillion
Assuming the migration occurs evenly over three years:
- Annual revenue = $432 billion to $720 billion per year
This scenario suggests that even modest market penetration—just 3% of racks upgrading—could deliver hundreds of billions of dollars in annual revenue for NVIDIA over a three-year cycle. Given the push by hyperscalers like AWS, Azure, and Meta to upgrade infrastructure for AI workloads, this level of adoption is within the realm of possibility.
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