Nvidia spent $70 billion on corporate deals to fuel chip demand.

Feb 26, 2026, 9:34:20 PM UTC(7 hours ago)
Impact: Medium

Affected Assets

  • Nvidia spent $70 billion on corporate deals to fuel chip demand.
  • Nvidia spent $70 billion on corporate deals to meet surging demand for its AI chips.
  • The company's CEO has described demand as "through the roof," particularly from corporate and government sectors.
  • Nvidia's Q1 earnings were strong, with shares climbing in extended trading.
  • One deal involved licensing technology from AI chip start-up Groq.
  • Meta has also invested billions in Nvidia chips, highlighting the ongoing demand.

Sources

@DeItaone
From:@DeItaone
NVIDIA SPENT $70 BILLION ON CORPORATE DEALS TO FUEL CHIP DEMAND
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