Nvidia to invest up to US$3 billion in Stargate data centre developer Lancium: The Information
The chipmaker will invest an initial US$2 billion for a roughly 20% stake in the company behind the Stargate data centre campus
Nvidia plans to invest up to US$3 billion in Lancium, the developer of the Stargate data centre campus in Texas. The Information reported that the chipmaker has made an initial US$2 billion investment for a 20% stake in Lancium, backed by Blackstone. Nvidia may commit an additional US$1 billion if specific conditions, such as grid hookups, are met.
Lancium's total enterprise value is estimated at around US$10 billion, comprising the land and power connections. The capital infusion is anticipated to aid Lancium's growth as it aims for a potential IPO in 2027. Stargate, a joint venture between SoftBank, OpenAI, and Oracle, is developing the data centres. The project was unveiled by US President Donald Trump in January 2025, with an investment target of US$500 billion for AI infrastructure.
Lancium operates the 404.7-hectare Lancium Clean Campus in Abilene, Texas, as the first operational site for the Stargate initiative.
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