Nvidia puts up to $3B into Lancium power

Nvidia will reportedly invest up to $3 billion in Stargate power developer Lancium, starting with $2 billion for roughly a 20% stake. Reuters’ account of The Information’s report says the remaining $1 billion depends on milestones including grid hookups, while Lancium’s land and power portfolio carries an enterprise value near $10 billion; neither company confirmed the terms. For operators tracking Nvidia-backed capacity deals as financing loops, the signal is that secured electricity and interconnections are becoming strategic assets worth funding alongside the chips themselves.