Nvidia committed to a 15-year lease for a Texas data-center site valued at $19.6 billion.

Seekingalpha · 2 days ago
Nvidia committed to a 15-year lease for a Texas data-center site valued at $19.6 billion.
  • Nvidia's 15-year lease commitment for a Texas site is valued at $19.6 billion, according to the Financial Times.
  • Renewal options would increase the lease's total value to $50 billion over 30 years.
  • The facility is a 1-gigawatt data center being built by Hut 8.

Quotes

Nvidia's (NVDA) 15-year lease commitment for the Texas site is worth $19.6B, and renewal options would take the total value to $50B over 30 years, the _Financial Times_ reported.Financial Times

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