WSJ: Nvidia offered billions in guarantees to keep GPU buyers buying
AIFlow_ML · x · 2026-11-13
Per WSJ, Nvidia offered billions in financial guarantees to AI companies that couldn't afford its chips, keeping them as buyers. Some deals were pushed by Jensen Huang's son-in-law Nico Caprez, made VP in January, whose team promised credit support to small clouds and data center builders within weeks. Nvidia's own filings show commitments ballooning to $530B, raising circular-financing concerns dubbed "LOIgate."
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