Nvidia makes a massive financing push, teaming up with top Wall Street bosses who pledge more than half a trillion dollars in capital. CEO Jensen Huang tells CNBC that his company’s chips platform will become its own asset class. Hopes of a new deal over the Strait of Hormuz fade with President Trump claiming the U.S. fully controls the waterway and that it should be Iran who pays the U.S. reparations for 50 years of ‘damage’. Crude inches higher and Asian equities remain mixed while futures in Europe and the U.S. are flat.<br>See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Nvidia in $500bn Wall Street AI build-out deal

Squawk Box Europe Express

The CNBC app, global market news in one place. Customizable sections and personalized alerts, stocks tracking, interactive charts and market insights all in your hands. Stay connected, stay informed. Download the CNBC app today. Welcome to Squawk Box Europe. I'm Karen Tso with Ben Bullos. These are your headlines. Wall Street Assemble. Nvidia pulls together one of the most

ambitious lending efforts to date with top names pledging over half a trillion dollars in capital and video CEO Jensen Huang tells CNBC exclusively his chips will be their own asset class. Nvidia's AI factory platform is really an investable asset, an infrastructure asset. And the reason for that is because it's productive, it's revenue generating, it is fungible,

it's used by just about every cloud service provider. Hopes for a Hormuz deal fade as both sides dig in. President Trump claiming 100% control of the strait while also demanding Iran pays the US compensation instead. They asked for money for the damage that we've done. I said, that's a good idea. Well, we're going to ask for money for the damage they've done over a 50-year period. Well, that latest impasse in the Middle East sees oil prices tick higher

and markets in Asia drift. Equity futures in Europe and on Wall Street are treading the flatline. Nvidia has inked partnerships with six of the world's largest asset managers to source more

than half a trillion dollars in third-party financing for AI infrastructure. The Wall Street heavyweights joining the funding commitment include Apollo, Global, Blackstone, Brookfield, BlackRock, KKR and Goldman Sachs. Under the terms of the deal, the groups will create dedicated pools of capital to finance Nvidia's AI ambitions at, quote, attractive rates for Nvidia customers. Executives from the seven companies joined CNBC in a rare joint interview

Nvidia in $500bn Wall Street AI build-out deal

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Nvidia in $500bn Wall Street AI build-out deal

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.