Nvidia reportedly planning $3 billion investment in data center company Lancium

According to a report by The Information, Nvidia is set to invest as much as $3 billion into Lancium, the company behind the Stargate data center located in Texas. The report states that Nvidia will start with a $2 billion investment to acquire a 20% stake in the business, which is valued at approximately $10 billion. Additionally, Nvidia may contribute an extra $1 billion if Lancium achieves specific performance targets.

by shortkt.com
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Nvidia reportedly planning $3 billion investment in data center company Lancium | ShortKT