Nvidia Builds $99 Billion Equity Portfolio in Two Years

Nvidia has rapidly built an equity portfolio worth nearly $100 billion in just two years. The AI chipmaker, led by CEO Jensen Huang, held $99 billion in equity investments as of July 26, according to its latest earnings report.

This includes roughly $48 billion in publicly traded stocks and other marketable securities, $48 billion in shares of private companies and other non-marketable securities, and $3 billion in equity-method investments. Nvidia's quarterly portfolio disclosure revealed a $30 billion stake in Intel and a $21 billion position in SpaceX.

The company also reported a further $25 billion in equity investment commitments as of July 26. Nvidia stock has skyrocketed from below $15 at the start of 2023 to $228 at Thursday's close, catapulting its market capitalization to $5.5 trillion and making it the world's most valuable company.