Nvidia’s Grace-Hopper drives supercomputer gains, but AMD holds ground: Wells Fargo

Nvidia’s (NASDAQ:NVDA) GPUs have continued to be the preeminent processor of choice for supercomputers, but don’t count out AMD (NASDAQ:AMD), Wells Fargo said.

According to a list put together by Top500.org, five of Nvidia’s Grace-Hopper systems drove almost half of the performance growth in the 48 new systems on the list, Wells Fargo analysts wrote in a note to clients. However, AMD is still the leader in GPU cores over Nvidia, aided by its El Capitan offering. And while 27 of the 48 systems have Nvidia GPUs, compared to 7 for AMD, its share of CPU cores was stable, at 29%, the analysts added.

Additionally, AMD gained share in the Top500 list with 173 systems based on its EPYC CPUs, compared to the June 2024 version of the list (162 systems) and June 23, which had 140 systems using AMD CPUs.

The June 2025 list now contains 234 systems that incorporate accelerators, up from 210 in November 2024 and 194 systems in the year-ago list. 201 used Nvidia GPUs, up from 172 a year ago, while AMD GPUs were used in 26 systems, up from 14 in the year ago period.

Conversely, Intel (INTC) GPUs accounted for 13% of the cores, excluding China, on 5 systems, compared to 15% in the last list and 20% in the year-ago list.

Additionally, Nvidia’s Grace CPUs are now featured in 13 systems on the list, with 3.67M CPU cores, up from 1.34M in the prior list and 848,000 in the year-ago list, the analysts added.