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Nvidia Faces Circular Financing Scrutiny Over Massive $35B Cloud Deal

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Nvidia faces increased scrutiny over circular financing after Anthropic signed a $35 billion cloud computing deal with Nvidia-backed Lambda, utilizing an Nvidia-leased data center.
  • While the strategy locks in processor demand, lack of transparent financial terms has raised investor concerns, nudging premarket shares down.
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NVDA price history

212.51 +19.79% over the displayed period

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