Nvidia Invests Up to $3 Billion in Stargate Data Centre Developer Lancium

Nvidia is set to invest up to $3 billion in Lancium, the developer behind the Stargate data centre campus in Texas. The chip-maker will initially invest $2 billion for a roughly 20% stake in Lancium, with the potential to add another $1 billion if certain thresholds are met.

The deal values Lancium's portfolio of land and power connections at around $10 billion, according to reports. This investment is expected to help Lancium expand its operations as it explores a potential initial public offering in 2027.