Nvidia has built a nearly $100 billion equity portfolio from virtually scratch in just two years by investing in other tech companies.
The AI chipmaker, led by CEO Jensen Huang, held $99 billion in equity investments as of July 26, according to its latest earnings report.
That included 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.
Its equity portfolio surged 14-fold in a year from about $7 billion last summer, and 45-fold from $2.2 billion two summers ago. The company also reported a…
