Nvidia says every $1 it invests returns $100, but the stock keeps falling
Nvidia dismisses "circular financing", says every $1 it invests brings back $100
Jensen Huang defended Nvidia's AI investments at Goldman Sachs' Communacopia + Technology Conference, insisting they are not circular financing: 'I put in one, and a hundred comes back.' Nvidia has invested about $50 billion in AI labs and guaranteed up to $105 billion for OpenAI's Ohio data center, where it is the exclusive chip supplier. Yet NVDA fell 2.37% to $218.36, its third straight decline, as investors question whether AI demand is truly independent.
It's not circular because we put a little bit of money in, and a lot of money comes back.