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The Economic Times
The Economic Times
Business
Debaroti Adhikary

Forget gold and stocks: Nvidia CEO Jensen Huang aims to make chips an investable asset, lines up $500 bn in financing

Jensen Huang Nvidia BlackRock CNBC

While gold, real estate and stocks are common investment choices, Nvidia CEO Jensen Huang wants investors to ride on the AI bandwagon and turn chips into Wall Street’s newest asset class, partnering with six large asset managers on a $500 billion financing push.

Nvidia on Monday announced that it had signed memorandums of understanding with Blackstone, BlackRock, Goldman Sachs and others to build financing platforms for the company’s customers.

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