Nvidia posts another record quarter, reveals $43 billion of holdings in startups

Nvidia just posted another record revenue quarter, but the headline number comes with a caveat. The company's forecast suggests growth is going to slow down in the next quarter.

What's more interesting than the revenue beat is what else came out in the announcement. Nvidia revealed it's sitting on $43 billion worth of holdings in startups. That's not just a chip company selling hardware anymore.

This matters because Nvidia isn't just powering the AI boom, it's financially embedded in it. When you're using tools from AI startups, there's a decent chance Nvidia has a stake in the company behind them.

The slower growth forecast is worth paying attention to. It could signal that the initial AI infrastructure buildout is maturing, or that customers are getting more strategic about their chip purchases instead of panic buying.

For anyone building with AI or watching the space, this is a reminder that the market is evolving past the land grab phase. The companies that got in early are now playing a longer game.