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A quarter of Nvidia's business next year comes from labs it is financing

This story is from 2026-08-27. It is preserved in the archive; the latest stories are on the live feed.

Nvidia has put nearly US$50 billion into the AI labs that buy its chips, and has lined up commitments for more than $500 billion Colette Kress, the company's chief financial officer, told analysts on August 26 that demand from the labs Nvidia backs with its own balance sheet will contribute toward…

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  1. 2026-08-27 10:00 · AI News
    A quarter of Nvidia's business next year comes from labs it is financing

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