NVIDIA Turns One Deal Into Two Revenue Streams: What Firmus Means for NVDA Stock

Below are the specific parameters for the NVIDIA trade idea. The ticker for trading via RoboForex MobileTrader and MT5 on RoboForex is NVDA.

NVIDIA has signed a major agreement with Australian company Firmus Technologies, which plans to build one of the largest AI data centres in the Asia-Pacific region in Indonesia. The project will host up to 170,000 NVIDIA AI chips. Deliveries start in 2027 and continue into early 2028. The 360 MW data centre will be built on Batam Island, close to Singapore.

The main feature of the agreement lies in the structure of NVIDIA's income. The company earns revenue from selling the equipment, and then receives a share of the income from Firmus cloud services.

This way, NVIDIA broadens how it earns. Selling chips brings a large one-time payment during the construction phase, while the share of cloud income can create steady inflows over several years.

Firmus Technologies is an Australian company that builds and operates data centres for artificial intelligence workloads.

Firmus started out developing bitcoin mining sites, then moved into data centres and cloud computing. That shift came naturally, since both directions call for large amounts of electricity, efficient cooling, and a high density of computing hardware.

Firmus has worked with NVIDIA before. The chipmaker took part in earlier funding rounds for the company and became one of its investors.

The new agreement noticeably increases the scale of Firmus's business. The company gains access to 170,000 NVIDIA AI chips, its technologies, and support in finding customers.

NVIDIA and Firmus have signed a strategic agreement to provide computing capacity to AI developers, running through 2034. The core of the partnership will be a 360 MW site on Batam Island in Indonesia.

Firmus will buy NVIDIA equipment, install it at the site, and sell customers access to cloud computing. The main target audience will be companies building products around artificial intelligence, large enterprises, and independent software developers.

The agreement provides for the deployment of up to 170,000 NVIDIA AI chips across 2027 and 2028. Deliveries are set to include several platform generations:

The Firmus site in Batam will be built together with DayOne, a data centre operator headquartered in Singapore.

At the heart of the site will be NVIDIA DSX, a system for designing and managing large computing centres. It will be combined with Firmus's own development called HyperCube, a liquid-cooled computing site design created around NVIDIA's technical requirements.

Firmus expects to earn between 25 and 30 billion USD in the first six years after the site goes live. That estimate rests on customer commitments to buy future computing capacity.

NVIDIA will receive revenue from selling its equipment along with an agreed share of the income from the cloud services provided.

Below are the key parameters of the agreement between NVIDIA and Firmus:

The Firmus deal expands NVIDIA's market beyond the largest technology companies. Today, most of the demand for accelerators comes from Microsoft, Amazon, Alphabet, Meta, and other large cloud operators. Firmus opens computing capacity to young AI companies, developers, and enterprises that cannot buy tens of thousands of AI chips and build their own data centres. Alongside that, the Firmus deal gives NVIDIA several more advantages:

The financial contribution of a single Firmus deal stays moderate relative to NVIDIA's scale. The main value of the deal lies in broadening the customer base, selling several hardware generations, and creating an added source of recurring revenue.

NVIDIA's history has already shown several times that the company knows how to find new markets for its technologies.

During the crypto boom, NVIDIA graphics processors picked up extra demand from miners. After that market cooled, investors worried the company would lose an important source of growth, and the rise in NVDA slowed. The company then moved to the centre of artificial intelligence development, and its chips became the foundation for training and running large AI models, which acted as a catalyst for further gains in the share price.

The next concern appeared inside the AI market itself. A large part of the demand for NVIDIA accelerators sits with a small number of the biggest technology companies: Microsoft, Amazon, Alphabet, and Meta. These customers spend tens of billions of USD on equipment, and at the same time develop their own AI chips and aim to reduce their reliance on NVIDIA. The Firmus deal shows how NVIDIA can address that.

Firmus pools demand from young AI companies, developers, and corporate customers that need powerful computing but lack the funds to build their own data centres. That gives NVIDIA access to a broad customer base through one large partner. NVIDIA starts selling computing capacity through an independent cloud operator and lowers its reliance on a few of the biggest buyers.

The second important part of the agreement relates to the revenue model, under which NVIDIA receives a share of income from cloud services. This raises the economic value of every installed system and gradually adds recurring cloud income on top of hardware revenue.

For NVIDIA stock, this is a positive signal. The company is again widening the boundaries of its market and building a new channel to monetise its technology. Even if the largest cloud companies increase the use of their own chips, independent operators and young AI companies will keep needing the NVIDIA platform.

As of July 2026, Barchart analyst ratings for NVDA stock show a strong tilt toward buying: 46 out of 49 tracked analysts rate NVDA as a Buy, 2 as Hold, and only 1 as a Sell.

On the weekly timeframe, NVDA trades above the 200-day Moving Average, which points to a continued uptrend. The price also stays within a rising channel and is testing the trendline around 195 USD, which now acts as support. The Stochastic indicator sits between the 20 and 80 levels, which raises the chance of a renewed move higher after the correction seen over the past seven weeks.

In the current setup, the optimal scenario is a bounce off support at 195 USD followed by a rise toward the upper channel line at 280 USD.

The Firmus deal, like the earlier RTX Spark story, belongs to the category of long-term investment ideas. So the 280 USD level is worth treating as the nearest target within the current move, rather than the final goal of long-term growth.

A break below support at 165 USD would cancel the bullish scenario, since the rising trendline would give way and the price could slide toward the 200-day Moving Average around 100 USD.

Based on the technical analysis, several conclusions can be drawn:

Below is a sample trading strategy for NVDA shares. This example is for educational purposes only and does not constitute investment advice. Investors should assess their own risk tolerance independently.

A risk/reward ratio of around 1:2.7 looks favourable for position trading. Keep in mind that markets are volatile: NVDA shares can move both for and against an open position.

Despite the strategic advantages of the agreement, carrying it out involves a number of financial and operational risks for NVIDIA:

The Firmus deal confirms strong demand for NVIDIA accelerators and shows that the AI hardware market is gradually moving beyond the largest technology companies. The contract could bring NVIDIA several billion USD in revenue from equipment supplies, followed by added income from Firmus cloud services. For a company of this scale, the financial effect stays limited, though the structure of the deal looks far more interesting than a one-time sale of chips.

The main value of the agreement lies in the ability to scale this model. If NVIDIA signs similar deals with other independent operators, the company can grow the share of recurring cloud income, expand its customer base, and reduce its reliance on a few of the largest buyers. In that case, the new direction becomes an added long-term driver for NVIDIA's business and its stock.