Nvidia Diversifies Beyond Chips with Multibillion-Dollar Expansion

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Nvidia is quietly building a multibillion-dollar business that aims to rival its core chip manufacturing operations. This strategic diversification represents a significant shift for the company, which has traditionally been known for its graphics processing units (GPUs) and other chip technologies. The move is seen as an effort to reduce reliance on the cyclical nature of the chip market and capitalize on new growth opportunities.