Nvidia's chip supply commitments jump to $279 billion

Nvidia's purchase commitments and obligations rose to $279 billion as of its fiscal Q2 2027 quarter end, up from $119 billion the prior quarter, driven largely by memory procurement to support its next-generation Blackwell and Rubin platforms. The company named SK Hynix, Samsung and Micron among its memory suppliers, and the scale of the commitment lifted expectations for both SK Hynix and Micron as pricing power shifts toward HBM and DRAM makers amid tight AI-driven memory supply.