NVIDIA Corporation doubled its investment in data center firm SB Energy to $3 billion.
The chipmaker added $1.5 billion through a prepaid forward contract for non-voting common stock.
This move follows reports that SB Energy may delay its initial public offering.
The arrangement supplements an original $1.5 billion commitment at the IPO price.
NVIDIA will receive the additional shares at a 10% discount to the offering price.
The partnership secures critical power and data infrastructure for the expanding AI industry.