Nvidia continues expansion in South Bay after new deal
Briefly

Nvidia acquired a commercial property at 2740 Scott Blvd. for $4.5 million, part of an expansion of its real estate near its headquarters. Since 2024, the company has invested $751.5 million on properties surrounding its headquarters. With few exceptions, Nvidia owns nearly all the block bounded by major roads in the area. The company reported a profit of $76.77 billion and revenue of $148.52 billion over the last year, which has supported significant employee growth, reaching 36,000 in January 2024.
Nvidia purchased a commercial site at 2740 Scott Blvd. for $4.5 million, expanding its real estate holdings near its headquarters.
Since 2024, Nvidia has invested $751.5 million in properties adjacent to its main headquarters, owning nearly all of a block in Santa Clara.
In the last 12 months, Nvidia reported a profit of $76.77 billion on revenue of $148.52 billion, enabling expanded hiring.
As of January 2024, Nvidia employed 36,000 people worldwide, marking a 21.6% increase from the previous year's total of 29,600.
Read at www.mercurynews.com
[
|
]