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.
Read more
Commercial
San Francisco
Nvidia buys 500K sf office campus in Santa Clara from Sobrato
Commercial
San Francisco
Nvidia keeps growing with 100K sf office lease in north San Jose
Commercial
San Francisco
Nvidia buys headquarters campus in Santa Clara for $374M