Nvidia CEO Jensen Huang Eyes $500B Chip-Backed Securities Plan
Nvidia CEO Jensen Huang plans to partner with major Wall Street firms to create chip-backed securities modeled on mortgage-backed securities, aiming to raise up to $500 billion to fund continued AI data-center build-out. The plan is still early, with capital potentially coming from investors buying securities backed by GPUs and related infrastructure, echoing concerns from 2008 MBS losses.