Nvidia makes its first Korean bet with Point2 Technology

The chip giant's venture arm backed a KAIST spinout building radio-frequency cables to unclog AI data centers Nvidia has spent years selling the engines of the AI boom. Now it is putting money into the plumbing. NVentures, the company’s venture arm, joined a Series B funding round for Point2 Technology. Point2 is a Korean fabless semiconductor startup that builds interconnect technology for AI data centers. The round totaled $76 million and closed in April 2026. The deal is Nvidia’s first investment in a company based in Korea. What Point2 actually builds A modern AI cluster is thousands of chips that need to talk to each other constantly. The cables and links that carry that chatter are called interconnects. Point2 designs radio-frequency-based interconnect solutions meant to ease the bottlenecks that tend to show up as AI clusters grow larger. Its flagship product line is called the e-Tube platform. Point2 claims e-Tube delivers ten times the reach of copper connections at a comparable cost. Point2 is fabless, which means it designs chips but does not run its own factories. It hands manufacturing off to outside foundries, a common model in the semiconductor industry. The company ...