Nvidia’s new $500B plan is risky but brilliant, especially for aging GPUs
TechCrunch 2 months ago 32 ● 5 sources
Nvidia announced a plan with major financial firms to fund AI data centers up to $500 billion while guaranteeing the resale value of collateral GPUs. Nvidia will cover up to 25% of the difference if collateral GPUs used in those deals don’t retain their expected value. This is meant to create a secondary market for aging Nvidia GPUs, shifting some financing risk away from Nvidia and sustaining demand for older hardware as it depreciates.