This aggressive strategy aims to gain a foothold in businesses across all links of the artificial intelligence (AI) infrastructure.
This week, Nvidia reached agreements to invest up to $3.2 billion in glass technology manufacturer Corning and $2.1 billion in data center operator IREN. These announcements immediately caused the stock prices of both companies to surge.
Last year, Nvidia began investing in companies in the AI infrastructure chain, while also providing financial support to its own technology customers. A prime example is its $5 billion investment in Intel, which is now worth over $25 billion, delivering a record return in just a few months.
As the biggest beneficiary of the AI craze, Nvidia currently boasts a market capitalization of approximately $5.2 trillion, making it the world's most valuable company. To maintain its dominance, CEO Jensen Huang stated that Nvidia is funding the entire AI supply chain to ensure these systems run on Nvidia hardware and have sufficient capacity to meet market demands.
Nvidia's biggest deal was a $30 billion investment in artificial intelligence company OpenAI, a long-time partner and developer of ChatGPT. In addition, the corporation also participated in massive funding rounds for artificial intelligence company Anthropic and Elon Musk's artificial intelligence company xAI.
Mr. Huang shared that there are many potentially large language modeling companies and the corporation is striving to invest in all of them instead of just selecting a few well-known businesses. According to data from financial data provider FactSet, Nvidia has signed at least seven multi-billion dollar investment deals in businesses and participated in approximately 24 private equity funding rounds this year.
In its most recent financial report, Nvidia noted that its portfolio of investments in private companies had surged to $22.25 billion at the end of January 2026, compared with $3.39 billion in the same period the previous year.
However, Nvidia's investment strategy has also faced skepticism from analysts. Matthew Bryson, an expert at the financial services firm Wedbush Securities, noted that Nvidia's deals perfectly fit a "loop investment" model. According to this model, the corporation provides capital to companies, which then use that money to purchase Nvidia's chips and services.
Some critics compare this model to merchant financing, a factor that contributed to the dot-com bubble. Jordan Klein, an analyst at investment bank Mizuho, expressed skepticism about investments in the new cloud service (neocloud), arguing that it's like corporations financing their customers to buy their products.
However, Bryson also argued that, if successful, these investments would create a solid " economic moat" for Nvidia. Similarly, Klein assessed the agreements with component manufacturers as a smart move by Nvidia's finance team, helping to accelerate the development of technologies and products that are currently scarce in the market.
Meanwhile, Mr. Huang affirmed that the group's investments are strategically focused on expanding and deepening the global influence of the Nvidia ecosystem.
Source: https://vtv.vn/nvidia-chi-hon-40-ty-usd-cung-co-de-che-ai-100260511142804322.htm
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