Nvidia Lines Up $500 Billion in Wall Street Financing for Customer AI Build-Out

Nvidia struck a deal with six Wall Street firms to raise over $500 billion in financing so its customers can build datacentres and chip factories, per August 11 reports. The arrangement formalizes a three-year effort to connect GPU buyers with lenders. Earlier collateralized-chip loans include CoreWeave's $2.3 billion facility in 2023 and Lambda's $500 million loan in 2024.