Nvidia’s bet that its chips can finance the AI boom gets a Wall Street reality check

Nvidia’s mammoth financing plan has opened a debate on Wall Street about how much its advanced chips and the infrastructure around them are worth. The answer for banks and investors seems to be: Not as much as Nvidia thinks.

Some lenders want higher guarantees than the company had originally outlined, even for Nvidia’s industry-leading AI processing power, as they try to calculate how long the revenue from its chips will last, banking sources and credit managers told Reuters, some requesting anonymity.