Nvidia and OpenAI in Talks for $250B Financing Guarantee for AI Data Center

NVDA-5.04%
According to the Wall Street Journal and CNBC, Nvidia and OpenAI are in talks for a $250 billion financing guarantee on Monday to support a 10-gigawatt artificial intelligence data center campus in Ohio. The proposed guarantee would support the project's lease and construction debt. Nvidia shares fell more than 4% on the announcement, pulling semiconductor stocks down with it.
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