Nvidia lines up $500 billion in financing as CEO Jensen Huang tells CNBC his chips are ‘investable asset’

Livestream Menu Nvidia signed memorandums of understanding with Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs and KKR to establish financing platforms for Nvidia's customers The effort aims to mobilize more than $500 billion in third-party capital for hyperscalers, frontier AI labs and enterprises to build out data centers and acquire Nvidia hardware. Executives from the seven companies joined CNBC's Becky Quick in a rare, live joint interview to discuss the announcement. NVDA BX APO KKR BLK GS BAM VIDEO2:5902:59 Nvidia teams up with Wall Street asset managers on $500 billion AI infrastructure push Closing Bell: Overtime Nvidia is attempting to turn its artificial intelligence chips into Wall Street's newest asset class, partnering with six large asset managers on a $500 billion financing push designed to treat compute infrastructure much like commercial real estate, toll roads or other assets to borrow against. The chipmaker signed memorandums of understanding with Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs and KKR to establish financing platforms for Nvidia's customers, the company said Monday in a statement. Executives from the seven companies joined CNBC's Becky Quick in a rare, live joint interview to discuss the announcement. The effort aims to mobilize more than $500 billion in third-party capital for hyperscalers, frontier AI labs and enterprises to build out data centers and acquire Nvidia hardware, marking a potentially important shift in how AI infrastructure is funded. , insurance funds and private capital to underwrite GPUs and data centers, Nvidia is helping its end users secure financing without tapping their own balance sheets. "This is really the first time that technology chips have become an investable asset class," Nvidia founder and CEO Jensen Huang told CNBC. "These are revenue-generating assets now. They're productive, they're long-lived, they're fungible, they're flexible." Huang argued that because Nvidia's hardware is broadly adopted and transferable across customers, lenders can reliably underwrite compute as a revenue-generating asset with an extended life. Historically, GPUs have been viewed as rapidly depreciating hardware. Nvidia's effort challenges that assumption, transforming AI compute capacity into long-term, bankable infrastructure, though skeptics may question whether AI chips can retain their value as newer generations emerge. "Fundamentally, what's different about this industry and this way of doing computing is that the computer is now part of the infrastructure, like electricity, like the internet, and so you have to think about it like it's infrastructure," Huang said in the CNBC interview. Alternative asset managers have been eager to deploy capital into digital infrastructure, tapping institutional and insurance capital to finance projects.