Nvidia Guarantees Up to $105B for OpenAI Ohio Data Center Amid Scrutiny
Analysts expect Nvidia’s second-quarter revenue to nearly double to $92.18 billion, led by over twofold growth in data center sales. The chipmaker agreed to guarantee up to $105 billion to back OpenAI’s 20-year Ohio data center lease, amid scrutiny over “circular” deals that could distort demand signals. CEO Jensen Huang cites Nvidia’s cash for supporting fast-growing, cash-losing customers; gross margin is expected near 75%.