Nvidia Plans Up to $3B Investment in Lancium for Stargate
Nvidia plans to invest up to $3 billion in Lancium for Stargate, with the deal potentially increasing by another $1 billion if benchmarks are met, including grid-connection milestones. Lancium, including its land and power assets, is valued at about $10 billion. Stargate supports AI data centers backed by SoftBank, OpenAI, and Oracle, with operations starting at a 1,000-acre Texas clean campus.