Nvidia has taken on several co-signing commitments for its AI cloud partners: it owns a stake in CoreWeave, has agreed to buy computing capacity CoreWeave cannot sell to other customers through April 2032 under an initial $6.3 billion order, and guarantees part of partners' data center lease obligations. The cost of insuring Nvidia's debt via five-year credit default swaps (CDS) rose to 127 basis points on Tuesday, up 226% from 39 at the end of 2025, and passed Meta's level for the first time since at least November 2025. Nvidia's spread has moved closely with CoreWeave's, with a 0.80 correlation over the past year, while CoreWeave's CDS hit a record 1,167 basis points in October.
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NVDACoreWeavedefault riskartificial intelligence
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NVDA
▼ Likely negativeNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/26/2026 | 216.00 |
| Change that session | +2.39% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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