CEO Jensen Huang went on an AI deal spree in August. Nvidia plans to invest $18 billion more this fiscal year.

Nvidia CEO Jensen Huang has committed $18 billion in equity investments this fiscal year, focusing on AI model makers, infrastructure, and private companies. Nvidia's holdings in private companies have more than doubled to $47.9 billion since last fiscal year, reflecting its expansion beyond chips into AI ecosystem areas. The company is also investing in energy and infrastructure firms to support AI data centers and collaborating with Wall Street to raise significant funding for AI projects.