Nvidia Expands Its Portfolio with Strategic Acquisitions

Nvidia has transformed from a gaming-centric company to a dominant player in AI and data center technology, with its gaming segment contributing only about 7% of its $215.9 billion revenue in fiscal year 2026. As of October 2026, Nvidia is the world's most valuable publicly traded company, valued between $5.1 and $5.4 trillion, surpassing major tech giants like Apple and Microsoft.

Over the years, Nvidia has acquired several companies, integrating them into its operations rather than allowing them to function independently. Notably, the acquisition of Mellanox in early 2020 for $6.9 billion enabled Nvidia to enhance its data center capabilities by leveraging Mellanox's high-bandwidth networking technology, which has since contributed to over $31 billion in revenues for Nvidia's networking division.

In 2024, Nvidia acquired Run:ai, a startup specializing in software that optimizes GPU resource allocation for AI tasks. This acquisition allows Nvidia to offer solutions that help enterprises manage their GPU resources more effectively. Similarly, Nvidia's purchase of Excelero in 2022 brought in technology for high-speed storage solutions, further strengthening its capabilities in high-performance computing.

The 2021 acquisition of DeepMap added advanced mapping technology for autonomous vehicles to Nvidia's portfolio, integrating precise mapping capabilities into its autonomous driving platform. Most recently, Nvidia acquired Hugging Face for $12.3 billion, gaining access to a platform that hosts millions of AI models and datasets, enhancing its position in the AI development community. With these acquisitions, Nvidia has expanded its business model beyond graphics cards to include a comprehensive suite of AI hardware and software solutions.