Nvidia Allocated 80 Percent of Its Investment Portfolio to Two Companies

As of the second quarter of 2026, Nvidia's capital allocation strategy revealed that 80 percent of its investment portfolio was concentrated in two AI-focused companies. Within this scope, 33 percent of the portfolio was allocated to Space Exploration Technologies and 47 percent to Intel.

Led by Elon Musk, Space Exploration Technologies focused on orbital data centers and, with the support of its AI business segment, increased its revenue by 161 percent in the third quarter to reach $14.6 billion. The company secured a total of $41 billion in annual commitments from clients such as Anthropic, Google, and Reflection AI. On the other hand, Intel, managed by Lip-Bu Tan, reported a 25 percent increase in revenue to $16.1 billion in the second quarter. However, Intel continues to face challenges against TSMC in its foundry operations while competing with AMD and Arm in the CPU market.