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Nvidia (NVDA) CFO Defends AI Investments as Ecosystem Building, Dismisses 'Circular Financing' Claims

Yahoo Finance Read original source (opens in a new tab)
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News Summary

  • Nvidia CFO Colette Kress defended the company's practice of investing in AI startups that are also customers, dismissing concerns of 'circular financing.' Nvidia views this as building a robust AI ecosystem, expecting significant future demand from these firms and maintaining confidence in their growth potential and limited risk.
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NVDA price history

218.29 +19.87% over the displayed period

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