3 Companies Nvidia Has Invested In: Should You Follow?
Nvidia (NVDA) is the biggest company in the world by market cap. The chip manufacturer’s valuation has surged after the coming of AI. Nvidia’s AI chips are currently the benchmark in the sector, with personalities such as Elon Musk claiming the same. While Nvidia’s chip manufacturing capabilities are undoubtedly among the best, the company has also made substantial investments in other companies in the AI sector. Let’s look at the top five companies Nvidia has invested in.
Top 3 Companies Nvidia Has Invested In
Nvidia (NVDA) has made a sizable investment in Intel (INTC) to ramp up its CPU (Central Processing Unit) capabilities. Nvidia is a clear market leader in the field of generative AI, which is more focussed on GPU (Graphics Processing Unit) power. However, agentic AI is quickly making its way into the mainstream, and it relies more on CPU power. Nvidia (NVDA) poured nearly $5 billion into Intel, for a near 4% stake in the company. The value of the 4% stake has since grown to around $30 billion.
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