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Reliance Jio (NVDA Partner) Eyes $4.5B IPO in 2026, Boosting Nvidia AI Demand

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The Story

News Summary

  • Reliance Jio plans a $4.5 billion IPO of a 2.5% stake in early 2026, seeking regulatory approval.
  • Jio partners with Nvidia to boost AI infrastructure, facing competition from Elon Musk's Starlink.
  • The IPO may trigger foreign investor exits and further growth valuation discussions.
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NVDA price history

212.17 +17.98% over the displayed period

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