Nvidia CEO proposes using AI chips as loan collateral
NVDA NVIDIA Corp
$210.96 -0.59%
View chart & analysis → - 1The Philadelphia Semiconductor Index plummeted nearly 7%, with all 30 constituent stocks closing lower.
- 2Nvidia shares fell approximately 4.5%.
- 3Nvidia has been collaborating with several investment banks for months to help fund AI infrastructure, aiming for a total funding goal of over $500 billion for Nvidia's AI infrastructure.
So what's the key point?
Nvidia's stock price went down as semiconductor-related stocks fell sharply. Nvidia is working to raise more than $500 billion to build artificial intelligence facilities.
Source The Motley Fool +1 · View original ↗
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