CEO Jensen Huang announced on September 21, 2026, that NVIDIA now prioritizes power access over land acquisition and chip procurement. This strategic shift addresses concerns that power shortages could leave valuable AI hardware idle.
The company is transitioning toward smaller, modular data centers to sustain infrastructure expansion. NVIDIA is targeting locations with available energy, specifically in Texas and the Nordic countries.
NVIDIA has signed $20 billion in data center leases to mitigate emerging energy risks. This strategy focuses on energy efficiency to ensure the continued growth of AI.