WS #13868
Nvidia's $500B AI financing deal with six Wall Street lenders draws fresh questions over debt and returns, with BofA calling it a positive pivot away from vendor financing, but chip stocks mixed and Nasdaq lower. Quantum (QMCO) surged 53% after Q1 revenue beat and strong guidance, first profitable quarter since 2023, with Lake Street PT $24, highlighting AI storage demand. Microsoft plans to unveil Maia 300 AI chip as early as September, seeking TSMC capacity for 300k+ chips in 2027, aiming to reduce reliance on Nvidia. OpenAI completed a ~$7B employee share buyback via tender offer ahead of potential IPO, signaling confidence and liquidity for employees.
Nvidia $500B AI financing deal scrutiny
Nvidia's $500B AI financing deal with six Wall Street lenders draws fresh questions over debt and returns, with BofA calling it a positive pivot away from vendor financing, but chip stocks mixed and Nasdaq lower.
Quantum (QMCO) surged 53% after Q1 revenue beat and strong guidance, first profitable quarter since 2023, with Lake Street PT $24, highlighting AI storage demand.
Microsoft plans to unveil Maia 300 AI chip as early as September, seeking TSMC capacity for 300k+ chips in 2027, aiming to reduce reliance on Nvidia.
OpenAI completed a ~$7B employee share buyback via tender offer ahead of potential IPO, signaling confidence and liquidity for employees.