Nvidia's $3.5 Billion MediaTek Stake Triggers Limit-Up; Middle East Conflict Lifts Oil, Pressures Asian Bonds — BigGo Finance

Anthropic, an AI developer, agreed to a $35 billion cloud-computing deal with Lambda, backed by Nvidia. Nvidia will supply chips and lease a Texas data center developed by Hut 8. This deal highlights Nvidia's expanding role in financing AI infrastructure and the interconnectedness of AI chip demand, data-center construction, and cloud financing.

Anthropic signed a $35B cloud-computing deal with Nvidia-backed Lambda for a Texas data center, using Nvidia chips and infrastructure. Nvidia is involved in multiple roles, including leasing the facility. The project represents 350 megawatts of capacity. Anthropic's revenue surpassed $30B annually, up from $9B in 2025, according to the company.

Nvidia (NVDA) will supply AI chips for SpaceX's (SPCX) orbital satellites, launching in Q4 2027. Nvidia owns 122.8M SpaceX shares. Revenue impact is uncertain until at least 2029, with technical and regulatory challenges ahead.

Anthropic, backed by Amazon, is reportedly investing $35 billion in Nvidia-backed Lambda, highlighting the shift in AI economics toward large-scale infrastructure. The deal may benefit Nvidia and Hut 8, which is developing the supporting Texas data center. Anthropic's annualized revenue run rate reportedly surpassed $65 billion in July. Neither company has confirmed the arrangement.

Nvidia invested $3.5B in MediaTek's convertible bonds, part of a $3.9B offering also involving Alphabet. The deal, tied to AI infrastructure partnerships, raises concerns about circular financing. Nvidia's bonds could convert to MediaTek equity, benefiting if MediaTek's AI chip business grows, which depends on Nvidia's NVLink Fusion platform. Nvidia's CEO dismissed circular financing worries, citing Alphabet's participation. The investment is the latest in a series of Nvidia's strategic moves in

Nvidia invested $3.5 billion in MediaTek through a convertible bond deal, its largest overseas investment. MediaTek will adopt Nvidia's NVLink Fusion and NVHBM technologies. MediaTek shares surged 9.92% in Taipei. Nvidia aims to expand its AI computing stack into smartphones, PCs, and vehicles. MediaTek expects its AI chip business to accelerate, targeting a 15% share of an $80 billion market by 2027.