Is Nvidia Engaging in Circular Financing? Some Think So.
The GPU leader continues to invest in companies that buy its chips.
Overview
Nvidia (NASDAQ: NVDA) has been making some interesting investments lately, a few of which should be concerning for investors, if not outright red flags.
The AI chip giant just announced it was making a $105 billion investment to support the development of an enormous data center in Ohio that will be leased by OpenAI, the company behind ChatGPT.
Details
OpenAI is a major customer of Nvidia, so the deal will presumably help it continue to purchase Nvidia's expensive graphics processing units and systems.
Source
Originally published at www.fool.com.
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