NVIDIA (NASDAQ: NVDA) has announced a slew of multi-billion dollar investments in key artificial intelligence (AI) companies over recent months, and just made its latest splash. Big Green recently announced a $2 billion investment in custom AI chip developer Marvell Technology (NASDAQ: MRVL). This comes right on the heels of its $2 billion investments in Lumentum (NASDAQ: LITE) and Coherent (NYSE: COHR).
The strategic implication of this deal matters just as much, if not more, than the investment itself. For Marvell, the company looks poised to become more deeply integrated within NVIDIA’s network of customers, and markets are taking notice. Additionally, NVIDIA will be able to offer its customers more optionality as the data center buildout progresses.
