Home Business & Money Nvidia to fund up to $3B in Blackstone-backed power firm (NVDA)

Nvidia to fund up to $3B in Blackstone-backed power firm (NVDA)

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Nvidia to fund up to B in Blackstone-backed power firm (NVDA)


BING-JHEN HONG/iStock Editorial via Getty Images

Nvidia (NVDA) plans to invest up to $3B in Lancium, an energy infrastructure company backed by private equity firm Blackstone (BX), The Information reported, citing people familiar with the matter.

The semiconductor firm will initially invest $2B in Lancium in exchange



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