Nvidia, the AI chipmaker with a market cap that has nearly doubled this year to $2.37T, has purchased its Santa Clara headquarters complex for $374M.

The deal for six parcels of land includes eight buildings, two parking structures and the possession of 2M SF of future development rights for the rapidly growing tech giant, according to a report in the San Francisco Standard.

The HQ complex, located at 2788 San Tomas Expressway, includes data centers and lab facilities as well as offices that are connected by a network of overhead bridges and several large parks.

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