For those not in the know, Blackwell is Nvidia’s latest GPU architecture and started shipping earlier this year. During the second quarter, about half of the company’s data centre revenue came from these chips, a year after it had to tweak the chip’s production mask to improve yields.

Each GB300 rack holds 72 Blackwell GPUs and 36 Arm processors, making it one of the most advanced AI systems on the market and, judging by order books, one of the most in-demand.

Nvidia claimed the Blackwell ramp last year was the fastest in its history, with the architecture pulling in $11 billion in revenue. It has since spread across all customer categories, from data centres to gaming, and even helped fatten up sales in the professional visualisation segment.

In its latest quarter, Nvidia reported Blackwell revenue up 17 per cent sequentially, while also name-dropping the new Blackwell Ultra GPU as production began.

Now, US brokerages reckon GB200 and GB300 rack shipments could grow 300 per cent in Q3 and hit as many as 60,000 units next year. Earlier predictions suggested Microsoft alone was lining up 1,500 GB200 racks for Q4 2025.

Foxconn, one of Nvidia’s main contractors for Blackwell rack assembly, is expected to enjoy a healthy tailwind from this AI boom.