📈Nvidia's Equity Bets Hit $99B, Up 14x in a Single Year
TL;DR
Nvidia's equity investments were worth $99 billion as of July 26, up from about $7 billion a year earlier. The portfolio spans OpenAI, CoreWeave and Nebius, with more than $40B committed to AI financing rounds in 2026 alone.
Nvidia's equity investments were worth $99 billion as of July 26, up from about $7 billion a year earlier. The portfolio spans OpenAI, CoreWeave and Nebius, with more than $40B committed to AI financing rounds in 2026 alone. The chipmaker is now one of the largest corporate backers in technology.
Key Points
$99B as of July 26, versus ~$7B a year earlier and ~$2.2B two years earlier
More than $40B committed across AI financing rounds during 2026
Holdings include OpenAI, CoreWeave and Nebius
August: up to $105B of conditional credit support for an OpenAI data center in Ohio
August: partnerships aimed at mobilizing over $500B of GPU financing
Why It Matters
Nvidia's revenue line and its balance sheet now point at the same set of customers. That circularity is the number to watch first if AI capex growth stalls.
Quick Facts
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