How Nvidia turned AI boom into $60 billion cash hoard and where it’s spending it

Nvidia dropped $2 billion on Synopsys this week. It’s just the latest in a string of big-money moves the chipmaker has made recently. The company’s been busy writing checks. There’s $1 billion going to Nokia, $5 billion to Intel, and $10 billion to Anthropic. Add it all up and that’s $18 billion in commitments from […] source: https://www.cryptopolitan.com/nvidia-ai-boom-60-billion-cash-hoard/