3 ms·
They’re also at the centre of a lot of circular deals, nvidia in particular is notorious for it and still doing it. From last month: https://www.bloomberg.com
by grey-area 2mo ago
They’re also at the centre of a lot of circular deals, nvidia in particular is notorious for it and still doing it.
From last month:
https://www.bloomberg.com/news/articles/2026-07-27/nvidia-s-750-billion-deals-revive-fear-of-ai-circular-financing https://www.bloomberg.com/news/articles/2026-07-27/nvidia-s-...
Or from 2025:
https://www.cnbc.com/2025/10/15/a-guide-to-1-trillion-worth-of-ai-deals-between-openai-nvidia.html https://www.cnbc.com/2025/10/15/a-guide-to-1-trillion-worth-...
- dgellow 2mo agoI know, but NVIDIA is also the main beneficiary from that whole scheme, what they get out of it is actual cash. They hyperscalers have a more complicated role though
- grey-area 2mo agoThey also get sales, which prop up the extraordinary share price. That seems to be the main point of the circular deals.
- etempleton 2mo agoNvidia is basically the house loaning money to the gamblers. They don’t care if the gamblers win or lose. They just care that people keep playing.