Nvidia Secures Asset-Manager Deals for AI Chip Financing Amid China Risk
Jensen Huang’s AI-chip financing bet depends on Nvidia GPUs holding value like durable assets. Nvidia has unveiled agreements with BlackRock, Blackstone, Apollo, KKR, Brookfield and Goldman Sachs, with the AI factory platform positioned as revenue-generating and widely used across cloud providers. Credit assumptions could change if GPU depreciation is viewed as high, especially given China’s chip competition and Huawei’s U.S. Entity List status.