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Nvidia cut its planned OpenAI Ohio guarantee below $120 billion from a previously discussed $250 billion. Key Points: Nvidia is expected to guarantee less than $120 billion initially, down from a previously discussed $250 billion. The chipmaker would back only the first phase, while OpenAI is still

Nvidia is working with six financial groups to mobilize more than $500 billion for AI infrastructure, deepening Wall Street’s role in funding the global compute expansion. Key Points: Nvidia plans financing platforms designed to mobilize more than $500 billion in third-party capital for AI infrastru

AMD locked in more than $14 billion of 15-year data center leases with Core Scientific, securing power for the Helios AI racks it begins shipping this year. Key Points: Core Scientific will deliver roughly 530 megawatts across five U.S. campuses under 15-year terms AMD holds reservation rights on ne

Nvidia CEO Jensen Huang expects AI data center construction to lift electricians and plumbers into six-figure salaries as the U.S. races to add 130,000 electricians by 2030. Key Points: Huang says data center demand is pushing trades wages toward six figures, with pay in some fields nearly doubling.

Nvidia shares closed down nearly 5% Monday after reports that the chipmaker may guarantee $250 billion in financing for an OpenAI data center in Ohio. Key Points: Nvidia closed at $196.51, down 4.99%, and slipped behind Apple in market value. Credit default swaps on Nvidia bonds posted their sharpes