In this article, we will explore Companies That Partnered With Nvidia in 2026.
The artificial intelligence boom is moving from being all about chips to all about ecosystems. Some in the investing community fear that once the AI model training phase is done, the demand for NVIDIA chips will go down. This, however, does not make for a bear thesis on NVIDIA. That’s because the Jensen Huang-led company isn’t just powering the AI revolution with its GPUs; it is actively partnering with companies to build an ecosystem in which AI will thrive.
Here’s how Huang intends to influence the future of AI development:
In the good old days when I would say ‘Hopper’, I would hold up a chip… that’s just adorable. When we think ‘Vera Rubin’, we think the entire system, optimized as one giant system.
NVIDIA’s next product isn’t just a GPU. It is a system that generates intelligence at scale. The firm is already collaborating with many firms on deploying these intelligent systems, dubbed ‘the building blocks of AI’ by the CEO. For businesses, these intelligent building blocks will determine the enterprise’s output, which is why companies are lining up to partner with NVIDIA. The company with the most efficient intelligence generator will have a massive advantage over others.
That’s why it is important to know which companies are already teaming up with NVIDIA to deploy these systems in their workflows. This is also why we decided to come up with the list of 10 companies that partnered with NVIDIA in 2026. Considering how AI inference offers an inflection point in AI development, NVIDIA’s partnerships in the first quarter of 2026 could have huge implications in the coming years.
Our Methodology
To come up with the list of 10 companies that partnered with Nvidia in 2026, we first looked at official announcements of Nvidia’s partnerships and created a list of these partners. We then filtered out companies with a market cap of at least $25 billion. This was done to ensure these are established firms that will meaningfully influence AI development through their partnership with Nvidia. These stocks are also popular among analysts and elite hedge funds and are listed in ascending order of the number of hedge funds holding them in their portfolio.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
Note: All share price data in the article is as per market close on April 10.
10. Hewlett Packard Enterprise Company (NYSE:HPE)
According to a report released on April 7, Goldman Sachs analyst Katherine Murphy reaffirmed a Buy rating on Hewlett Packard Enterprise Company (NYSE:HPE) while cutting the firm’s price target on the stock. The analyst lowered the firm’s price target on the shares from $31 to $29. The adjusted price target suggests an additional 16% upside from the current levels.
On March 16, Hewlett Packard Enterprise Company announced a major expansion in its partnership with NVIDIA at GTC 2026. This expansion is aimed at helping enterprises adopt AI more quickly and efficiently. The collaboration is focused on providing an integrated and secure AI infrastructure that allows companies to move from testing to full-scale deployment with greater ease.
Hewlett Packard Enterprise Company CEO Antonio Neri highlighted:
Our industry leadership across cloud, networking, and AI enables organizations to operationalize AI securely, efficiently, and at an unprecedented scale. Together with Nvidia, HPE delivers turnkey AI factories and networks that transform AI ambitions into real enterprise value.
A major update includes the expansion of HPE Private Cloud AI, which is built with NVIDIA technology. The platform now supports larger workloads, with systems scaling up to 128 GPUs. The platform also offers air-gapped configurations for highly regulated industries. This improves data security and ensures stronger compliance.
Hewlett Packard Enterprise Company operates as an intelligent solutions developer. The company operates in the Networking, Server, Financial Services, Hybrid Cloud, Corporate Investments, and Other segments. It was incorporated in 1939 and is based in Spring, Texas.
9. CoreWeave Inc. (NASDAQ:CRWV)
CoreWeave Inc. (NASDAQ:CRWV) signed a $21 billion agreement with Meta Platforms, offering its AI cloud capacity to the company. This agreement is in addition to the existing $14.2 billion deal between the two companies. The company’s stock has reacted positively to the news of the agreement.
Based on a report released on April 6, Barclays analyst Raimo Lenschow reiterated a Hold rating on CoreWeave Inc., along with a price target of $90. Moreover, Northland Securities analyst Nehal Chokshi also reaffirmed a Buy rating on the stock with a $165 price target on April 2. The firm’s price target offers a compelling 100% upside from the current levels.
On April 1, Applied Digital amended its lease agreements with CoreWeave Inc. for its Polaris Forge 1 data centers in Ellendale, N.D. The new structure shifts certain leases to a CoreWeave subsidiary and adds stronger credit support, including a guarantee and a $50 million letter of credit. According to the management, these changes are favorable for holders of its 9.250% notes due 2030.
As emphasized in the Form 8-K:
Based on the enhanced credit ratings of CoreWeave Parent’s refinanced indebtedness for each of the ELN-02 and ELN-03 data center facilities, and the additional credit support provided, the Company has determined that the foregoing transactions are favorable to the holders of its 9.250% notes due 2030.
Under the agreements, Applied Digital will provide 250 MW of capacity for AI and high-performance computing infrastructure. The 15-year lease is expected to generate around $7 billion in revenue for Applied Digital. CoreWeave Inc. also has the option to develop a third 150 MW facility at the site, which is expected to become operational in 2027.
CoreWeave Inc. is a software infrastructure company that offers the CoreWeave Cloud platform to deliver the automation & efficiency needed to manage AI infrastructure at scale.
8. International Business Machines Corporation (NYSE:IBM)
On April 8, David Grossman from Stifel Nicolaus reduced the firm’s price target on International Business Machines Corporation (NYSE:IBM) from $340 to $290 while maintaining a Buy rating on the stock. The firm’s downward-adjusted price target implies an additional 26% upside from the current levels. Ahead of the company’s first-quarter earnings report, the firm updated its 2026 estimates to account for potential challenges from the Gulf conflict, which could impact software and services growth. The revisions also consider the earlier-than-expected closing of the Confluent acquisition.
International Business Machines Corporation and NVIDIA had announced an expanded partnership at GTC 2026 on March 16 aimed at helping enterprises scale AI across their operations. The partnership focuses on GPU-native data analytics, cloud & on-premises deployments, intelligent document processing, and regulated infrastructure, enabling companies to move AI from pilot projects to full production.
A proof-of-concept with Nestle demonstrated the impact of GPU-accelerated IBM watsonx.data. Query times were reduced from 15 minutes to just three minutes. This resulted in 83% cost-savings and a 30x improvement in price-performance.
Arvind Krishna, Chairman and CEO, International Business Machines Corporation, said:
In the next wave of enterprise AI, the model layer will rely on the data, infrastructure, and orchestration layers – and on businesses that can bring all three together. Our partnership with NVIDIA goes to the heart of that challenge. Together, we’re giving enterprises the solutions they need to stop experimenting with AI and start running on it.
International Business Machines Corporation operates as an integrated solutions and services provider across Asia-Pacific, the Americas, the Middle East, Europe, and Africa. The company operates in the Infrastructure, Software, Financing, and Consulting segments.
7. CrowdStrike Holdings Inc. (NASDAQ:CRWD)
According to a report released on April 8, Robert W. Baird analyst Shrenik Kothari reiterated a Hold rating on CrowdStrike Holdings Inc. (NASDAQ:CRWD) and set a price target of $460. The firm’s price target reflects an additional 7.8% upside from current levels.
On April 6, CrowdStrike Holdings Inc. announced an expansion of its share repurchase program up to $500 million, raising the total authorization to $1.5 billion. So far, the company has repurchased 413,130 shares of its Class A common stock under the current program. The shares were bought at an average price of $364.57 each, bringing the total expenditure to $150.6 million.
CrowdStrike’s CFO Burt Podbere commented:
We have increased our share repurchase authorization to $1.5 billion to opportunistically return value to shareholders as we progress toward our goal of reaching $20 billion in ending ARR by FY36.
Earlier, on April 1, Benchmark Co. analyst Yi Fu Lee started coverage of CrowdStrike Holdings Inc. with a Buy rating and a $500 price target. Given the company’s consistent beat-and-raise performance, strong technology, profitable growth, AI defensibility, and a $150 billion market opportunity, the firm views it as a leading cybersecurity pick.
CrowdStrike Holdings Inc. is a technology company that offers cybersecurity solutions through its unified platform and a SaaS subscription-based model. It is headquartered in Austin, Texas.
6. T-Mobile US Inc. (NASDAQ:TMUS)
On April 8, MoffettNathanson analyst Craig Moffet upgraded T-Mobile US Inc. (NASDAQ:TMUS) from Neutral to Buy while setting a price target of $254. The firm’s assigned price target implies an additional 28% upside from the current levels. According to the analysts, there are several positives about the company. He pointed to its reliable and strong growth in rural America as a key strength. The company has been steadily gaining market share in non-urban areas since 2016. While the stock was previously seen as unattractive from a valuation standpoint, the analyst now believes this has improved, making the shares more compelling.
On March 16, T-Mobile US Inc. and NVIDIA announced that they are working together to deliver AI applications through distributed edge networks using AI-RAN infrastructure. The goal is to transform 5G networks into platforms for high-performance edge AI-computing. This will support real-time use cases across utilities, cities, and industrial environments.
The company has already tested NVIDIA’s AI-RAN solution with Nokia, showing that its network can support both advanced 5G services and AI workloads. The partnership also allows AI processing to shift from devices to the network edge. This helps reduce hardware costs and improve scalability.
T-Mobile US Inc. is a telecom services company that offers wireless communications services, such as voice, messaging, and data, to postpaid, prepaid, and wholesale customers. The company also deals in wireless devices. It is headquartered in Bellevue, Washington.
5. Marvell Technology, Inc. (NASDAQ:MRVL)
Marvell Technology, Inc. (NASDAQ:MRVL) received an upgrade from Barclays analyst Tom O’Malley on April 9. He upgraded the stock from Equal Weight to Overweight while also raising the firm’s price target from $105 to $150. The upward-adjusted price target reflects an additional 16.7% upside from current levels. The analyst highlighted that the firm is growing through its optical segment, and the rapid growth in ports is driving the expansion of its market presence. The firm expects MRVL’s optical business to grow by approximately 90% over this year and the next, even if some market share shifts to competitors such as Broadcom.
On March 31, 2026, Marvell Technology, Inc. and NVIDIA announced a strategic partnership to connect Marvell to NVIDIA’s AI factory and AI-RAN ecosystem through NVIDIA NVLink Fusion. This partnership provides customers with greater flexibility and options for developing next-generation AI infrastructure. It includes work on silicon photonics technology, with Marvell Technology, Inc. providing custom XPUs and NVLink Fusion-compatible networking. The partnership also targets AI-driven telecommunications networks using NVIDIA Aerial AI-RAN for 5G/6G.
Matt Murphy, chairman and CEO of Marvell Technology, Inc., shared his thoughts on the partnership expansion by saying:
Our expanded partnership with NVIDIA reflects the growing importance of high-speed connectivity, optical interconnect and accelerated infrastructure in scaling AI. By connecting Marvell’s leadership in high-performance analog, optical DSP, silicon photonics and custom silicon to NVIDIA’s expanding AI ecosystem through NVLink Fusion, we are enabling customers to build scalable, efficient AI infrastructure.
Marvell Technology, Inc. operates as a data infrastructure semiconductor solutions provider covering the core to the edge of the network. It serves communications, data centers, and other markets. The company operates across the United States, South Korea, India, Argentina, Israel, Vietnam, Singapore, China, Japan, Taiwan, and worldwide.
4. Synopsys, Inc. (NASDAQ:SNPS)
According to a report released on April 8, KeyBanc analyst Jason Celino reiterated his Buy rating on Synopsys, Inc. (NASDAQ:SNPS) with a price target of $600. The firm’s price target suggests an additional 53% upside from the current levels.
NVIDIA announced on March 16 that it is strengthening its partnership with Synopsys, Inc. to bring AI-powered and GPU-accelerated solutions to industrial design, engineering, and semiconductor deployment. SNPS is integrating NVIDIA technologies, including Omniverse, CUDA-X, and AI models into its software to improve the chip and system design process. The collaboration focuses on using agentic AI and GPU acceleration to speed up complex simulations and reduce design time, replacing slower CPU-based processes. Synopsys, Inc. is also deploying its tools on NVIDIA-powered cloud platforms, including Microsoft Azure and AWS. This enables more scalable and faster performance.
Companies like TSMC, Honda, and Samsung are already using SNPS solutions powered by NVIDIA to accelerate chip design, simulations, and manufacturing. This partnership supports NVIDIA’s growth in AI-driven computing while helping SNPS deliver faster, more efficient design tools.
Founded in 1986, Synopsys, Inc. is a provider of design intellectual property (IP) solutions. The company operates through the Design IP and Design Automation. It provides Digital and Custom IC Design solutions, Verification solutions, FPGA design products, and AI-driven EDA solutions.
3. Vertiv Holdings Co. (NYSE:VRT)
On April 7, Amit Daryanani from Evercore ISI reaffirmed a Buy rating on Vertiv Holdings Co. (NYSE:VRT) with a price target of $280. Earlier on April 1, Barclays analyst Julian Mitchell maintained an Overweight rating on Vertiv Holdings Co. while raising the firm’s price target. He increased the firm’s price target on the stock from $281 to $300. The price target revision is part of the firm’s first-quarter earnings preview for the multi-industry sector. The analyst noted that the sector is facing increased uncertainty around demand and added that expectations have already been adjusted lower, which may help stabilize investor sentiment.
On March 16, NVIDIA introduced its Vera Rubin DSX AI Factory reference design and Omniverse DSX Blueprint to support the development of large-scale AI infrastructure. Vertiv Holdings Co. is a key partner contributing to this ecosystem. It offers power and cooling solutions that are essential for running AI data centers efficiently. The partnership focuses on integrating VRT’s infrastructure expertise with NVIDIA’s AI systems to improve energy efficiency and performance. Vertiv Holdings Co. is also developing its own solution, Vertiv OneCore Rubin DSX, a prefabricated system designed to accelerate the deployment of AI factories.
Vertiv Holdings Co. is an electrical equipment & parts company that specializes in critical digital infrastructure technologies & life cycle services for data centers and communication networks. It is headquartered in Brussels, Belgium.
2. Meta Platforms, Inc. (NASDAQ:META)
Justin Patterson from KeyBanc reiterated a Buy rating on Meta Platforms, Inc. (NASDAQ:META) while cutting the firm’s price target on the shares on April 9. He reduced the firm’s price target on the stock from $855 to $760 due to rising costs linked to the company’s expanding AI infrastructure. Despite cutting the price target, he still sees an additional 24% upside from the current levels. The price target revision came after Meta Platforms, Inc. launched its Muse Spark model ahead of its earnings while continuing heavy investment in its Llama 4 ecosystem.
The report highlights that the company is building large-scale data centers and using advanced AI chips to stay competitive. It is putting pressure on short-term profits. Nevertheless, Justin Patterson believes this spending is necessary and supports the company’s long-term position in AI.
Earlier, on April 2, Wells Fargo analyst Ken Gawrelski also lowered the firm’s price target on Meta Platforms, Inc. from $856 to $765. He also maintained an Overweight rating on the stock ahead of the company’s upcoming quarterly results. Wells Fargo expects revenue to remain strong, with its first-quarter estimate coming in above consensus. Second-quarter guidance is likely to fall within the expected range, assuming there is no further deterioration in macroeconomic conditions. While the firm sees the overall risk/reward as attractive at current levels, it also noted that investors may need to be patient in the short term.
Meta Platforms, Inc. develops products that allow people to share and connect with their family and friends using PCs, mobile devices, virtual reality (VR) headsets, and AI glasses. Some of its well-known apps include Facebook, Instagram, and WhatsApp. It operates in the Reality Labs (RL) and Family of Apps (FoA) segments.
1. Microsoft Corporation (NASDAQ:MSFT)
According to a Bloomberg report released on April 3, Microsoft Corporation (NASDAQ:MSFT) has shifted its artificial intelligence sales strategy following feedback from Wall Street, selling Copilot as a standalone product rather than offering it for free within broader software bundles. The company is now adopting a paid adoption of Copilot, its flagship workplace AI assistant. Previously, it emphasized driving widespread free adoption of Copilot among its existing large base of office software users. That strategy came under pressure after the company revealed in January that only around 3% of customers were paying for the tool. The update disappointed investors who had expected stronger monetization.
According to people familiar with the discussion, Judson Althoff, chief executive officer of Microsoft’s commercial business, highlighted during an internal meeting:
Company leadership set and essentially hit “some pretty big audacious goals” for selling Copilot in the quarter that ended in March.
Microsoft Corporation is now focusing on converting enterprise users into paying subscribers. Judson Althoff noted that targets for the current quarter are expected to be meaningfully higher than the earlier figures. Copilot is priced at around $30 per user per month, with a broader AI software bundle costing about $99 per user per month.
Microsoft Corporation is a global technology company that develops and sells a wide range of software, cloud services, devices, and business solutions, serving both individual users and enterprise customers worldwide. Its flagship products include Windows, Microsoft 365, Azure, LinkedIn, and Xbox.
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