The chipmaker's deepening bet on a Texas energy developer signals that controlling power supply is becoming as important as building the GPUs themselves. From Bitcoin miner to AI power brokerLancium’s origin story reads like a corporate pivot case study. Lancium has also announced a new 1 GW campus in Childress, Texas, further expanding its footprint as a dedicated AI energy provider. By taking a significant ownership position in Lancium, Nvidia would effectively be locking down a piece of the energy supply chain for its most important customers. For Lancium specifically, a 30% stake from Nvidia would provide more than just capital.