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Nvidia Expands Deals with Six Chip Component Suppliers

Nvidia on Wednesday announced new deals with chip substrate suppliers Ibiden, Samsung Electro-MechanicsΒ and Unimicron, to ensure it has enough component materials to produce more of its AI server chips in the coming years. It said the deals, which include a multibillion-dollar reservation ...

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Nvidia Moves to Back GPU Cloud Provider Firmus After Investors Balk at Its IPO

Nvidia is in talks to invest hundreds of millions of dollars in Australian AI cloud provider Firmus, which abruptly pulled its initial public offering early this month, according to people familiar with the talks.

The discussion indicates that Nvidia is likely to continue backing a group of unprovenΒ firms known as neocloudsΒ that is facing financial pressure after they stacked up on debt to purchase Nvidia graphics processing units for data centers. Nvidia has already put more than $170 billion on the line for such firmsΒ and other large customers, including credit guarantees to help them raise the debt, according to The Information’s analysis.

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