NVDA ▼ -1.4% - NVIDIA Corporation
$NVDA HUT Hut 8: Anthropic Said to Sign $35B Lambda Cloud Deal ? • Anthropic signed a $35B cloud computing deal with Nvidia-backed Lambda, with the data center lease being held by Nvidia, according to the Wall Street Journal. • Hut 8 is developing the data center in Nueces County, Texas, after Nvidia reportedly signed an agreement with the company weeks ago to secure the capacity. • Lambda will use the data center for chips obtained from Nvidia, which is also an investor in Lambda.
Nvidia fell 1.4% today despite news that Anthropic signed a $35 billion cloud computing deal involving Nvidia-backed Lambda, with Nvidia holding the data center lease and Hut 8 developing the facility in Texas. The deal underscores Nvidia's central role in provisioning AI infrastructure, though the stock's decline suggests investors may be digesting broader market movements or weighing the terms against current valuations.
01-SEP-2026 05:20 AM ET
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