Jensen Huang steps in to calm the AI computing power market, teaming up with Wall Street giants to endorse AI computing power.
1 hours ago
According to CCTV Finance, a rare scene this week saw Jensen Huang, NVIDIA’s CEO, team up with six major Wall Street asset management firms to endorse the concept of establishing AI computing power as an independent asset class. Analysts view this as Huang putting his proposed token economics into practice, and note that the AI boom is evolving from a technological race to a capital race. However, the latest initiative has raised investor concerns over "circular financing" and debt risks. In response to the doubts, Huang personally stepped in to reassure the market, stating that NVIDIA may provide a residual value support mechanism of up to 25% for individual investment projects and will conduct careful evaluations of each project. Subsequently, market sentiment eased slightly.
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