fold in a year to approach $100 billion as AI ecosystem capital map accelerates — BigGo Finance
Nvidia has rapidly expanded its equity investment portfolio to nearly $100 billion, focusing on companies across the AI ecosystem. This strategy creates a 'capital flywheel' where Nvidia supports AI infrastructure providers and software labs, reinforcing its own core business growth.
Why it matters
Nvidia's massive capital deployment signals a shift toward vertical integration and strategic control over the entire AI supply chain.
Add to Google Preferred Sources 1 Nvidia's total equity investment value skyrocketed from roughly $7 billion to $99 billion in a single year, a more than 13-fold increase. As of July 26, its portfolio comprised $42.783 billion in marketable securities, $47.898 billion in non-marketable securities, and $3.3 billion in infrastructure financing investments accounted for under the equity method. In the first half of 2026, the company purchased $42.4 billion in equity securities while recording $23.7 billion in net gains, primarily from unrealized appreciation. Investments span OpenAI, CoreWeave, Nebius, MediaTek, Marvell, Lumentum, and others, with a planned $12.9 billion acquisition of Hugging Face. The company also has $25 billion in outstanding investment commitments.
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