on top

Nvidia’s chief financial officer, Colette Kress, said on Wednesday’s call that “there’s definitely an opportunity for us to have more” on top of that amount.

"In our minds it was like we are on top already and let's just keep hammering away. We know how to beat these guys."

The plan also builds in an additional 1% increase on top of inflation-based hikes to cover capital improvement or other projects.

Anguiano also suggested that campuses be allowed more flexibility in how they use the 1% premium on top inflation-based increases.

Colette Kress, Nvidia's chief financial officer, told analysts the company would "probably" be taking more orders on top of the $500bn that had already been announced.