Nvidia's investments grow to $99 billion as chip giant becomes major backer of AI companies
Nvidia has become one of the world's largest corporate backers of tech companies as the value of its equity investments soared more than tenfold in the past year to $99 billion, with the chip giant increasingly looking to leverage its huge capital reserves to bolster the AI sector.The company has ramped up dealmaking for financing rounds across the AI stack in the previous 12 months, with over $40 billion committed in 2026. Equity investments were valued at $99 billion as of July 26, up from abo...
Read more at cnbc.com