Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang said Wednesday that the company’s older AI chips can remain economically useful for nearly a decade, pushing back against concerns that rapid advances in AI could quickly make GPUs obsolete.
Jensen Huang Says A100 GPUs Can Last Nearly a Decade
Huang said on X that Nvidia’s A100 fleet is "mission-capable from 2020 through 2029," highlighting the longevity of the company’s data center GPUs.
The A100 debuted in 2020 as part of Nvidia’s Ampere generation.
"NVIDIA computing is more than chips," Huang said, pointing to the company’s CUDA software platform as a key reason its hardware can remain useful across generations.
"CUDA makes NVIDIA computing versatile," he added. "Versatility makes it fungible. Fungibility drives utilization and extends durability."
His comments came after reposting a Business Insider report about the continued demand for the five-year-old A100.
The mighty A100 fleet are mission-capable from 2020 through 2029. NVIDIA computing is more than chips. CUDA gives developers and NVIDIA engineers a common platform to continually upgrade Ampere, Hopper and Blackwell throughout their useful lives.
— Jensen Huang (@JensenHuang) August 13, 2026
CUDA makes NVIDIA computing… https://t.co/KQ1kp7Vpae
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CoreWeave’s 2029 A100 Deal Challenges GPU Obsolescence Fears
Huang’s comments followed a disclosure from AI cloud provider CoreWeave Inc. (NASDAQ:CRWV) that it signed a contract to rent Nvidia A100 GPUs through 2029 at what CFO Nitin Agrawal described as an "attractive price."
That means the 2020-era chips could still generate revenue nearly nine years after launch, despite several newer Nvidia GPU generations entering the market.
The development challenges a key concern among AI infrastructure bears that accelerating chip improvements could cause older GPUs to lose their economic value within two or three years.
Why GPU Longevity Matters for Nvidia’s AI Boom
Older GPUs can remain useful by shifting from the most demanding AI workloads to inference, smaller models and other applications that do not require the latest hardware, the BI report stated.
Rental-market data also supports CoreWeave’s assessment. Silicon Data, which tracks GPU rental prices, on Tuesday said A100 rates have remained resilient following a strong rebound in 2026.
As @JensenHuang argued in his essay, we believe that GPUs should be increasingly thought of as financeable capital assets with stable cash flows coming from AI inference.
— Silicon Data (@Silicon_Data) August 11, 2026
Based on our residual fair value estimates, A100 stopped depreciating since late 2025 as rising rental… https://t.co/ZLEmwuFnay pic.twitter.com/AsURz1W6lM
That has broader implications as Nvidia increasingly promotes its chips as revenue-generating assets. The longer GPUs can produce income, the easier they could be to finance and deploy as productive infrastructure.
On Monday, Nvidia announced partnerships with Apollo Global Management (NYSE:APO), BlackRock Inc. (NYSE:BLK), Blackstone Inc. (NYSE:BX), Brookfield Asset Management (NYSE:BAM), Goldman Sachs (NYSE:GS) and KKR & Co. Inc. (NYSE:KKR) to help mobilize more than $500 billion in capital over time.
Price Action: Nvidia closed at $224.09, up 3.03% on Wednesday. Shares were down 0.09% to $223.90 in Thursday’s premarket trading, according to Benzinga Pro.
According to Benzinga Edge Rankings, Nvidia ranks in the 99th percentile for growth and maintains positive short-, medium- and long-term price trend ratings.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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