The official CNBC account shared a report on Nvidia becoming one of the world's biggest strategic tech backers. Equity investments have soared to $99 billion according to the article. Nvidia reported $99 billion in equity holdings while backing AI labs, cloud providers and infrastructure companies across the sector. The piece highlights the chip giant's expanding role as a major backer of AI companies through its growing portfolio of investments. Details in the linked source confirm the scale of these holdings and the types of companies receiving support from Nvidia.