Nvidia becomes one of world’s biggest strategic tech backers as equity investments soar to $99 billion

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Nvidia’s equity investments have grown more than tenfold in one year to reach $99 billion as of July 26, making it one of the world’s largest strategic tech investors. The chipmaker committed over $40 billion in the past 12 months and is planning to acquire AI startup Hugging Face for $12.9 billion. Its revenue surged 106% to $96.2 billion in fiscal Q2, with $48.7 billion coming from the hyperscale segment. Nvidia invested nearly $50 billion in frontier AI labs and is set to inject $30 billion into OpenAI as part of a $110 billion funding round.

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