Nvidia slips 4% as AI mega-deals test its balance sheet
Nvidia’s stock fell about 4% after a weekend of AI-scale commitments totaling over $750 billion, including a $500B+ alliance with SK Group to secure memory and back a 2GW data center, plus reports Nvidia may provide roughly $250B in financing guarantees for OpenAI and take a $1B stake in Naver to co-build an AI data center; analysts diverge—Bernstein warns the headlines may reflect supply-chain needs rather than near-term demand, while BofA Securities remains bullish on a longer AI infrastructure cycle.
