Nvidia Soared Selling The Chips Behind The AI Boom. Now It Has $99 Billion Riding On The Industry.

Source: International Business Times

Nvidia’s equity investments reached $99 billion as of July 26, up from about $7 billion a year earlier as the chipmaker expanded its backing across the AI industry. Unsplash Nvidia has built a $99 billion equity investment portfolio alongside its booming chip business, putting billions of dollars into artificial intelligence companies ranging from frontier model developers to cloud providers and businesses supplying the infrastructure needed to run AI systems. The value of Nvidia's equity investments stood at $99 billion as of July 26, up from about $7 billion a year earlier and $2.