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Benzinga
Benzinga
Business
Daragh Thomas

'Bond King' Jeff Gundlach Compares Nvidia's $500 Billion AI Financing Push to Bonds Backed by Bananas: 'Will Not Age Well'

Market Rebounds After Strong NVDA Earnings

Billionaire “Bond King” Jeff Gundlach is warning that Wall Street’s latest attempt to keep the AI boom financed may be a signal that risk markets are nearing a top.

The DoubleLine Capital CEO took aim at Nvidia Corp. (NASDAQ:NVDA) and its partnerships with six financial giants designed to mobilize more than $500 billion for AI infrastructure, questioning whether fast-evolving chips make suitable collateral for long-term debt.

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