US artificial intelligence chip titan Nvidia unveiled tie-ups with Indian computing firms on Wednesday as tech companies rushed to announce deals and investments at a global AI conference in New Delhi.
Indian data centre company Yotta Data Services said on Wednesday it will build one of Asia's largest AI computing hubs using Nvidia's latest Blackwell Ultra chips, in a project costing more than $2 billion.
Nvidia said it was working with prominent venture capital firms, including Peak XV, Z47, Elevation Capital, Nexus Venture Partners and Accel India to identify and fund AI startups. It comes as venture capital investors increasingly turn to India's technology startups, and the government accelerates support to the sector.
Nvidia Corporation is positioned as the structural backbone for the next era of AI-driven economic growth and USD dominance. AI diffusion, productivity gains, and programmable financial rails reinforce NVDA's centrality as compute demand rises across global economies. Short-term revenue may be capped by power and infrastructure constraints, but NVDA's performance-per-watt advances and strategic investments mitigate these risks.
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NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) is down 4% over the past week.
Softbank Group Corp. disclosed that it dissolved its stake in Nvidia during the fourth quarter of 2025, according to Softbank's 13-F filing with the U.S. Securities & Exchange Commission for the period.
Citigroup has reaffirmed its bullish stance on Nvidia (NASDAQ: NVDA), expecting the semiconductor giant to outperform later this year.
Chip stocks look a little weak early on Tuesday, as we are looking like a market that is going to struggle in general.
Nvidia remains a Buy, with consolidation seen as healthy ahead of its February 2026 earnings report. Nvidia's AI ecosystem, high-margin software, and strategic control of hardware supply underpin a durable competitive moat. Consensus underestimates Nvidia's ability to consistently beat guidance; forward estimates are likely to be revised higher post-earnings.