Nvidia CEO Jensen Huang said the company is trying to get lenders to treat its compute as a “financeable asset,” arguing its residual value is rising as chips become an asset class, in the context of the $500 billion AI financing plan announced in August. He said neoclouds such as CoreWeave, Iren and Nebius lack working capital rather than customers, as demand is “off the charts” but many AI sectors compete for the same funding. Huang also said Nvidia is open to working with Chinese companies and that U.S. chip export restrictions had accelerated China's push to build its own semiconductors. Asked about a possible partnership with memory maker CXMT, he said no market is closed forever, and a report said CXMT shipped HBM3 samples to Huawei and targets mass production by end-2026, though a reported 25% yield could not be independently verified. NVDA shares fell as much as 2% in pre-market trade.
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NVDAartificial intelligencesemiconductorsChina
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/21/2026 | 221.87 |
| Change that session | +2.49% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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