Here’s Why Nvidia Stock Is Down Today - Forbes
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- Nvidia stock is down today per Forbes, as the company unveiled a partnership with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to establish AI Compute Infrastructure Financing Platforms
- The new financing platforms aim to mobilize over $500 billion in capital for AI infrastructure, with the New York Times framing it as Wall Street wanting another half-trillion dollars to fund the AI boom
Why it matters: Nvidia mobilizing $500 billion from six of Wall Street's largest financial firms for AI compute infrastructure represents an unprecedented capital commitment to the AI buildout, even as the chipmaker's stock fell on the announcement day.
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