FRONTIER · GLOBAL
Nvidia posts record quarter, holds $43B startup equity stake, but guides slower growth
Nvidia beat Q1 earnings and boosted dividend but signaled deceleration ahead. The chip giant also revealed it holds $43 billion in equity across AI startups—a portfolio worth more than many Fortune 500 companies.
WHY IT MATTERS
Nvidia's startup portfolio creates conflicts of interest (it competes with customers) and concentration risk; slower guidance challenges the "AI shortage" narrative underpinning valuations.
Source: TechCrunch · 2026-05-20