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.