NVIDIA
NVIDIA designs the GPUs, networking and software that most AI models are trained and run on. It also invests in, and backs the debts of, many companies that buy its chips.
NVDASanta Clara, California, United StatesChip designers; also investorRevenue, Q2 FY27 $96.2B (as of Jul 26, 2026)Cash and marketable securities $56.6B (as of Jul 26, 2026)Equity stakes in other companies $90.7B (as of Jul 26, 2026)
Exposure ≈$260B: $90.7B funded, $54B committed, $114.8B contingent (a maximum, not an expected loss), against revenue of $96.2B and cash and marketable securities of $56.6B.
Money loops
Supplies
Oracle buys from NVIDIA · $40B
Oracle is buying about $40B of NVIDIA GB200 chips for OpenAI's Abilene, Texas data center.
Megaspeed buys from NVIDIA · $4.8B
Megaspeed and its Malaysian affiliate Speedmatrix bought $4.8 billion of Nvidia AI equipment and processors over about three years, as reported by CBS News in 2026.
Lambda buys from NVIDIA · $917M
Lambda raised a $917M loan to buy NVIDIA GPUs that it leases straight back to NVIDIA.
CoreWeave buys from NVIDIA
CoreWeave's cloud is built on NVIDIA GPUs, starting with large H100 purchases in 2022.
DeepSeek buys from NVIDIA
DeepSeek's founder stockpiled about 10,000 NVIDIA A100 GPUs before US export limits.
Supplies Microsoft
NVIDIA GB300 NVL72 systems power Azure's first at-scale GB300 cluster, built for OpenAI.
Supplies Nebius
NVIDIA infrastructure is deployed across Nebius's platform, and NVIDIA said in 2026 it would support early adoption of its latest platform for a 5 GW plan by 2030.
xAI Colossus SPV buys from NVIDIA
The SPV spends its money on NVIDIA GPUs for xAI's Colossus 2 data center in Memphis.
Buys from
Groq licenses designs to NVIDIA · $20B
In December 2025 Nvidia and Groq announced a reported US$20 billion deal to license Groq's inference technology. Groq said it would stay independent.
Arm licenses designs to NVIDIA
NVIDIA licenses Arm CPU designs, used in its Grace data-center CPUs.
Foxconn supplies NVIDIA
Foxconn assembles NVIDIA's GB200 NVL72 rack-scale systems for clouds and hyperscalers.
SK hynix supplies NVIDIA
SK hynix supplies HBM3E memory for NVIDIA's AI GPUs.
TSMC supplies NVIDIA
TSMC makes NVIDIA's GPUs and packages them with CoWoS.
Money
Guarantees OpenAI · up to $105B
Credit support for OpenAI's 20-year leases at SB Energy's PORTS campus in Ohio, which hosts only NVIDIA hardware.
Invests in OpenAI · $30B
NVIDIA agreed to put $30B into OpenAI as part of a $110B funding round.
Invests in Anthropic · up to $10B
NVIDIA agreed to invest up to $10B in Anthropic.
Guarantees CoreWeave · $6.3B
An order form gives NVIDIA any cloud capacity CoreWeave cannot sell: in effect a demand backstop.
Invests in Intel · $5B
Nvidia announced in September 2025 a $5 billion investment in Intel, for a holding of about 4% once new shares are issued.
Invests in Safe Superintelligence · $5B
AI Stock Wire reported in 2026 that Nvidia has agreed to put $5 billion into Safe Superintelligence.
Invests in CoreWeave · $2B
NVIDIA bought $2B of CoreWeave common stock at $87.20 a share.
Invests in Lumentum · $2B
Nvidia made a $2 billion strategic investment in Lumentum on March 2, 2026, alongside a matching investment in Coherent.
Invests in Nebius · $2B
NVIDIA invests $2B in Nebius as part of a plan for over 5 GW of NVIDIA systems by 2030.
Invests in xAI Colossus SPV · $2B
NVIDIA put up to $2B of equity into the SPV that buys its GPUs for xAI.
Leases back GPUs from Lambda · $1.5B
NVIDIA rents back about 18,000 of its own GPUs from Lambda, making it Lambda's largest customer.
Finances, through a vehicle, Compute-financing platforms
NVIDIA signed a preliminary agreement with six firms to set up lending platforms for AI compute.
Invests in Crusoe
NVIDIA has joined this neocloud's funding rounds (one of 23 neocloud rounds since 2022).
Invests in Lambda
NVIDIA has joined this neocloud's funding rounds (one of 23 neocloud rounds since 2022).
Invests in Nscale
NVIDIA has joined this neocloud's funding rounds (one of 23 neocloud rounds since 2022).
Flags
Shareholder class action over the CEO's undisclosed relationship with a Megaspeed executive
Is flagged with Megaspeed · $4.8B
NVIDIA sold Megaspeed and Speedmatrix $4.8B of AI gear; both are under investigation for alleged smuggling to China.