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Nvidia Soared Selling The Chips Behind The AI Boom. Now It Has $99 Billion Riding On The Industry.

The chip giant has committed more than $40 billion this year and backed OpenAI, Intel and other AI firms to secure future chip demand.

Summary by IBTimes
The chipmaker has committed more than $40 billion to deals this year, backing AI labs, cloud providers and infrastructure companies that use its technology.

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NVIDIA is acting as the industry's central bank by dominating the AI ecosystem through equity investments in AI companies and active financial support, such as payment deferrals and guarantees. It is also diversifying its revenue structure by leading the construction of AI infrastructure in collaboration with Wall Street financial firms.

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CNBC broke the news in Englewood Cliffs, United States on Friday, September 4, 2026.
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