NVIDIA Corporation

NVDApublic
chipsUSnvidia.com$225.73

Backers

3 on file
ARK InvestSequoia CapitalSoftBank Vision Fund

What they say they do

read Sep 9, 2026

Artificial Intelligence Computing Leadership from NVIDIA

NVIDIA invents the GPU and drives advances in AI, HPC, gaming, creative design, autonomous vehicles, and robotics.

nvidia.com

Thesis

CUDA moat + Blackwell + NVLink. Owns training, contested in inference.

Risk: Chip cycles cut both ways: today’s allocation scarcity becomes tomorrow’s inventory glut if AI capex digests faster than expected.

Contracts as provider

8 disclosures · 9.25 GW · $105.20B
FiledCustomerKindSiteMWGPUsTermTotalStatusSource
Aug 17, 2026SB Energy Corp.FinancingPORTS-Pike Technology Campus (Portsmouth Site), Pike County, Ohio4.25 GW—20 yr$105.00BAmendedverified8-K
excerpt · extension terms
NVIDIA entered into multiple residual value guaranties (collectively, the "Agreements") with SB Energy (the "Lessor") relating to leases for approximately 4.25 gigawatts of IT load in the aggregate at the Portsmouth Site. ... NVIDIA's aggregate payment obligation is cumulatively capped at $105 billion for its initial commitment under the Agreements.

Extension: NVIDIA can provide credit support to secure approximately an additional 3.8 gigawatts at the Portsmouth Site, exercisable in its sole discretion.

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Jan 26, 2026CoreWeave, Inc.Other—5.00 GW———Amendedverified8-K
excerpt
The Company and NVIDIA entered into a collaboration framework to expand their long-standing complementary relationship to advance AI adoption at global scale and to accelerate the Company's buildout of more than 5 gigawatts of artificial intelligence factories by 2030 developed and operated by the Company using NVIDIA's computing platform technology.
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Jul 7, 2025IREN LimitedEquipment purchasePrince George—2,400——Expandedverified8-K
excerpt
Blackwell GPUs procured – 1.3k B200s & 1.1k B300s to be installed at Prince George over the coming months, lifting total fleet to 4.3k NVIDIA GPUs and unlocking next-gen training and inference at scale
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Jul 3, 2025IREN LimitedPower supplyPrince George, BC—2,400—$130.00MAmendedverified8-K
excerpt
IREN today announced the purchase of 2.4k next-generation NVIDIA Blackwell B200 and B300 GPUs for ~$130m, including fit-out costs. ... The order (1.3k B200 and 1.1k B300 GPUs) will be installed over the coming months at IREN's Prince George, BC campus
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Dec 31, 2024HIVE Digital Technologies Ltd.Equipment purchaseQuebec, Canada—756—$30.00MExpandedverified6-K
excerpt
HIVE Expands NVIDIA Chip Suite to Power AI Boom with $30 Million H100 and H200 GPU Clusters to be Deployed in Quebec ... announces the acquisition and deployment of an additional cluster of cutting-edge NVIDIA H100 GPUs ... NVIDIA H100 cluster: Comprised of 248 GPUs in 32 nodes connected with Infiniband, this cluster has arrived on site in Quebec, has been fully configured and will be operational before the end of 2024. ... NVIDIA H200 cluster: Comprised of 508 GPUs in 64 nodes connected with Infiniband, this cluster has been shipped and is expected to arrive in Quebec in early January 2025, with installation and customer deployment planned for calendar Q1
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Sep 16, 2024Undisclosed (Iris Energy Limited (dba IREN))Power supply——1,080—$43.90MAmendedverified6-K
excerpt
On September 16, 2024, Iris Energy Limited (dba IREN) (the “Company”) announced its purchase of an additional 1,080 NVIDIA H200 GPUs to expand its AI Cloud Services business. ... The Company is purchasing 1,080 of the latest-generation NVIDIA H200 GPUs for $43.9m, with delivery and commissioning expected during 4Q 2024.
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Aug 12, 2024TeraWulf Inc.Equipment purchase——128——Completedverified8-K
excerpt
During the second quarter, the Company purchased a 128-GPU cluster from NVIDIA, financed by a leading OEM.
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Mar 6, 2024IRENGPU cloud capacity——568——Expandedverified6-K
excerpt
Tripling AI cloud services business ... Fast-tracking AI cloud services business to 816 NVIDIA H100 GPUs with the purchase of 568 additional GPUs ... Delivery and commissioning of additional GPUs expected during Q2 2024
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Concentration over time

8 filing dates
As ofContractsValueTop customerTop share
Mar 6, 202410 MWIREN—
Aug 12, 202420 MWIREN—
Sep 16, 20243$43.90MUndisclosed100%
Dec 31, 20244$73.90MUndisclosed59%
Jul 3, 20255$203.90MIREN64%
Jul 7, 20256$203.90MIREN64%
Jan 26, 20267$203.90MIREN64%
Aug 17, 20268$105.20BSB Energy Corp.100%

Contracts as customer

2 disclosures · $12.60B
FiledProviderKindSiteMWGPUsTermTotalStatusSource
Jul 22, 2026CoreWeaveGPU cloud capacity————$6.30BDefinitiveverified8-K
excerpt
Backed by Nvidia who owns a ~11.5% equity stake and is obligated to purchase up to $6.3Bn of residual cloud capacity through April 2032
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Sep 15, 2025CoreWeave, Inc.GPU cloud capacity————$6.30BAmendedverified8-K
excerpt
On September 9, 2025, CoreWeave, Inc. (the “Company”) and NVIDIA Corporation (“NVIDIA”) entered into a new order form (the “Order Form”) under the existing Master Services Agreement (“MSA”) dated as of April 10, 2023, which has an initial value of $6.3 billion, that establishes an arrangement with respect to the sale by the Company of reserved cloud computing capacity to its customers and provides NVIDIA access to any residual unsold cloud computing capacity. Under the terms of agreement, in instances where the Company’s datacenter capacity is not fully utilized by its own customers, NVIDIA is obligated to purchase the residual unsold capacity through April 13, 2032, subject to any termination described below and satisfaction of delivery and availability of service requirements.
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Signals

30 most recent
Apr 9, 2025FilingNVIDIA 8-K — Other event8-K
Jan 13, 2025FilingNVIDIA 8-K — Other event8-K
Jun 7, 2024FilingNVIDIA 8-K — items 5.038-K
Oct 23, 2023FilingNVIDIA 8-K — Other event8-K
Oct 17, 2023FilingNVIDIA 8-K — Other event8-K