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Nvidia now holds $99bn in shares of the companies that buy its chips — Blankdot

thenextweb.com2 weeks ago

Nvidia now holds $99bn in shares of the companies that buy its chips

Nvidia now holds $99bn in shares of the companies that buy its chips

Nvidia sells the chips that the AI industry runs on. It now also owns $99bn of the industry. The figure sits in the company’s own quarterly filing. CNBC’s Kai Nicol-Schwarz pulled it out. Nvidia equity investments stood at $99bn as of 26 July. A year earlier the figure stood at about $7bn. Two…

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