nvidia just promised wall street its chips won't lose value — that's a bet, not a fact

six of the biggest names in finance just agreed to lend against Nvidia's GPUs. Nvidia is personally covering the loss if those chips turn out to be…

Aliteq
Lena Fischer · AI & Local Compute Editor

The deal in five numbers

$500 billion is Nvidia's aggregate financing target, agreed August 10, 2026 with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR.

The deal in five numbers

The six firms signed non-binding memoranda of understanding, not committed capital — final agreements are expected within months.

The deal in five numbers

Nvidia is guaranteeing up to 25% of any decline in the resale value of GPUs used as loan collateral.

The deal in five numbers

Goldman Sachs is the only bank in the group; the other five are alternative asset managers deploying institutional and insurance capital.

The deal in five numbers

Bloomberg separately estimates Nvidia-linked circular AI financing across the sector now totals roughly $750 billion.

My honest read

The fact that Nvidia has to underwrite its own customers' collateral risk to keep this building boom moving tells you something about how thin the actual cash generation is underneath it. This isn't…

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nvidia just promised wall street its chips won't lose value — that's a bet, not a fact

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