A new equity stake, not a chip sale: Nvidia buying into the power-infrastructure landlord under the Stargate site (per The Information) is Nvidia moving up the AI-power stack into the land and grid layer itself. Directly on the AI-power-bottleneck thesis and not yet in today's brief.
NVIDIA $NVDA IS PUTTING UP TO $3B INTO THE COMPANY THAT OWNS THE LAND UNDER STARGATE, PER THE INFORMATION $2B upfront for a roughly 20% stake in Lancium, a Blackstone $BX-backed power infrastructure firm. Another $1B follows if Lancium hits certain targets, including grid
A new equity stake, not a chip sale: Nvidia buying into the power-infrastructure landlord under the Stargate site (per The Information) is Nvidia moving up the AI-power stack into the land and grid layer itself. Directly on the AI-power-bottleneck thesis and not yet in today's brief.
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