Jensen's $500B chip financing deal has produced no deals and drew 'scam artist' backlash

SumitGup · x · 2026-11-13

Reporting by Dina Bass says the splashy $500B chip financing announcement Jensen Huang made this summer is already in trouble — the backstop Nvidia offered is considered too low, and no deals have arisen from it. Ed Zitron blasted the episode: Huang and several private-equity backers went on CNBC promoting an 'entirely imaginary' deal that media reported as if it existed, calling him 'one of the greatest scam artists of our generation.'

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