Nuvacore seeks funding at roughly $2.5 billion valuation for data center CPU
Stockwhiz•09/10/2026•19:00 ET
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Key Highlights
- ➤Nuvacore seeks $200 million or more at roughly $2.5 billion valuation
- ➤Six-month-old startup has not yet developed a product
- ➤Nuvacore plans a data center CPU without initially committing to x86 or Arm
- ➤Semiconductor startups attracted $10.7 billion in first five months of 2026
- ➤Nvidia expects $20 billion Vera CPU sales this fiscal year
Expert Statements
Jensen Huang, CEO of Nvidia
“the company expects to sell $20 billion worth of its Vera CPU in this fiscal year, which ends in January.”
Six-month-old Nuvacore is seeking hundreds of millions of dollars at a roughly $2.5 billion valuation to build a data center CPU, though the startup has yet to develop a product.
The funding round has not closed, and its valuation and size could change, according to two people familiar with the fundraising. The roughly $2.5 billion valuation has not previously been reported, while The Information earlier reported that Nuvacore was raising $200 million or more.
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