Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year

• This week Nvidia agreed to invest up to $3.2 billion in glass maker Corning and signed a deal for the right to invest up to $2.1 billion in data center operator IREN.
• It’s part of the company’s aggressive strategy to take stakes in companies up and down the AI infrastructure stack while also doing commercial deals with them.
• Matthew Bryson, an analyst at Wedbush Securities, said in a note that Nvidia’s dealmaking fits “squarely into the circular investment theme.”

Source: https://www.cnbc.com/2026/05/09/nvidia-embraces-ai-investor-topping-40-billion-in-equity-bets-2026.html