ETF Abnormality | Southern Double Long NVIDIA rises nearly 5% as NVIDIA directly invests in Lancium, a Blackstone subsidiary, to secure scarce power resources in advance

According to the Zhitong Finance APP, the Southern Double Long NVIDIA (07788) has risen nearly 5%, and as of the time of writing, it is up 4.79%, priced at HKD 182.55, with a transaction volume of HKD 2.3287 million.

In terms of news, recently, according to market media reports, NVIDIA has agreed to invest USD 2 billion in Lancium and has committed to an additional USD 1 billion after the developer completes additional power access milestones. The initial USD 2 billion will grant NVIDIA approximately 20% equity, and if the additional investment materializes, the shareholding ratio will rise to about 30%. This transaction values Lancium at approximately USD 10 billion, including debt. Reports indicate that for NVIDIA, acquiring a stake in Lancium means securing scarce power resources in advance for its large chip customer base.

It is reported that Lancium is the power infrastructure provider behind the "Stargate" AI park being built by OpenAI and Oracle in Abilene, Texas, having locked in and developed 4 gigawatts of power on the Texas grid, with another 15 gigawatts of projects in progress for access. Notably, this investment is purely an equity stake and does not involve credit guarantees for data center construction and leasing. Reports indicate that informed sources say NVIDIA is considering providing credit guarantees for other projects, including a large data center project in Ohio involving OpenAI and SoftBank, with a scale of 10 gigawatts