00:00It's Benzinga, bringing Wall Street to Main Street.
00:02NVIDIA committed more than $40 billion to artificial intelligence equity investments
00:07in early 2026, including a $30 billion investment in OpenAI, according to CNBC.
00:14The company also announced seven multi-billion dollar investments in public companies,
00:19including up to $3.2 billion in Corning and up to $2.1 billion in IREN.
00:25FactSet data showed NVIDIA participated in roughly two dozen private startup funding rounds in 2026.
00:32Critics said the investments raised concerns about NVIDIA funding some of its own customers,
00:37while Wedbush analyst Matthew Bryson said the strategy could create a competitive moat if
00:43successful. Goldman Sachs raised NVIDIA revenue and earnings estimates ahead of the company's
00:48May 20th earnings report. NVIDIA has a market capitalization of $5.23 trillion,
00:54and the stock has gained 83.35% over the past 12 months.
00:59For all things money, visit Benzinga.com.
Comments