Lambda, a cloud provider that rents out Nvidia (NVDA) GPUs, has hired banks to prepare for a U.S. IPO as soon as the first half of 2026, The Information’s Valida Pau and Natasha Mascarenhas report. Nvidia is now Lambda’s biggest customer ahead of the company’s IPO, the publication previously noted.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- MSFT Insider Trade Alert! CEO Satya Nadella Sells $75M in Stock
- Nvidia Stock (NVDA) Edges Higher as Top Analysts Reaffirm Buy Ratings and Boost Price Targets
- OpenAI Taps Broadcom (AVGO) to Build Its Own AI Chips
- Nvidia or Intel: Top Investor Selects the Superior AI Stock to Buy (And It’s Not the One You’d Expect)
- PLTR, MDB, NVDA, AMD, CRWD: ‘AI Revolution Enters Next Growth Stage,’ Says Wedbush