Nvidia is gobbling up offices across Santa Clara like a diner at an all-you-can-eat buffet.
The locally based artificial intelligence chipmaker paid $123 million in cash for a 10-building office and research campus at 2348 and 2350 Walsh Avenue, across the street from its headquarters, the San Jose Mercury News reported.
The seller of the 13-acre campus south of the Nvidia hub was not disclosed. The size, in square feet, isn’t known.
The deal comes three months after Nvidia struck a deal with the Mountain View-based Sobrato Organization to buy a 500,000-square-foot office campus in Santa Clara for an undisclosed price.
The purchase included four 125,000-square-foot buildings — 2701, 2711, 2721 and 2731 San Tomas Expressway — also next to its growing hub. The portfolio includes an adjacent parking garage at 2741 San Tomas Expressway.
A bridge across the expressway links them to the Nvidia headquarters at 2788 San Tomas Expressway.
Nvidia has been on a yearlong, real estate buying binge in conjunction with the rising popularity of its AI chip, despite the emergence of Chinese chatbot DeepSeek as a potential threat to local AI dominance.
In December, the chipmaker that helped launch the AI boom, leased a 100,600-square-foot office and research building at 300 Holger Way, in north San Jose.
The deal came seven months after the high-flying tech firm bought its eight-building, 550,000-square-foot headquarters at 2788 and 2888 San Tomas Expressway in May year for $374.3 million, or $680 per square foot. The all-cash deal included two parking garages.
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