Mmastodon BusinessFinance first seen 1 d ago, last 1 d ago, peak #2
Circular financing fears shadow Nvidia's OpenAI investment
Original: ## Circular Financing and the AI Financial Bubble > Nvidia. The world’s leading chipmaker is investing in ChatGPT owner
Nvidia, the world's leading chipmaker, is investing in OpenAI, the owner of ChatGPT, to fund data centres that will themselves be filled with Nvidia chips. Critics call this circular financing and warn it could signal an AI financial bubble, pointing out that chipmakers have driven around 70% of the S&P 500's total gains in 2026.
Why now: Concerns are growing that Nvidia's investment in OpenAI resembles circular financing that could inflate an AI bubble in the stock market.
NvidiaOpenAIChatGPTS&P 500Wall Street
Evidence
- ## Circular Financing and the AI Financial Bubble > Nvidia. The world’s leading chipmaker is investing in ChatGPT owner OpenAI to support data centres filled with Nvidia chips. > On Wall Street, chipmakers have contributed around 70% of the total gains in 2026 for the S&P 500,… · RaymondPierreL3@aus.social · 3
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