Nvidia Turns $5B Intel Investment into $30B Profit, Acquires $21B SpaceX Stake

Nvidia has disclosed its investment portfolio in a filing with the U.S. Securities and Exchange Commission (SEC). Its $5 billion investment in Intel shares, made in September of last year as part of an AI infrastructure development partnership, has generated nearly $25 billion in profits. The current value of this stake is estimated at $30 billion.

Additionally, Nvidia holds a $20.975 billion stake in SpaceX. This strategic investment is tied to an agreement where xAI, SpaceX’s subsidiary, will utilize Nvidia’s hardware in its data centers, including orbital facilities. The company has also fully divested from its Arm holdings while maintaining plans to develop processors based on Arm’s architecture.

Nvidia’s portfolio includes other significant assets. For instance, its $2 billion investment in Coherent, a laser and optical materials manufacturer, and its $1 billion stake in telecom giant Nokia have already yielded returns. Coherent’s shares surged following an announcement of collaboration on optical interconnects for data centers, while Nvidia’s stake in Nokia grew from $1 billion to $2.2 billion due to joint 6G network development projects.

Nvidia also invested $2 billion in Synopsys, a leader in electronic design automation (EDA). Synopsys is actively integrating AI into its tools, aligning with Nvidia’s strategy to support key ecosystem partners. Furthermore, the company increased its stake in cloud provider CoreWeave despite a decline in its stock value, and retained its position in Nebius, whose shares have nearly quintupled in value.