Nvidia, the AI-chip giant, is facing a problem many competitors wish they had. Despite making big headlines for selling chips, the company has too much money on its hands. Recently, Nvidia announced a $5 billion investment in struggling chip manufacturer Intel. This move comes as Nvidia prepares to invest up to $100 billion in OpenAI over an unspecified period. With this massive influx of funds, concerns arise about how the company will manage its wealth and prioritize its investments.
Source: https://www.wsj.com/tech/why-nvidia-is-spending-so-much-money-309dfae3