Nvidia Unlocks $500 Billion in Chip Asset Value

Nvidia has made significant strides in transforming its chips into investable assets. The company inked agreements with top asset managers including Apollo Global Management, Blackstone, and Goldman Sachs to create financing platforms for its customers.

Nvidia CEO Jensen Huang stated that the $500 billion financing deal marks 'the first time that technology chips have become an investable asset class.'

The company's shares lost almost 3% in yesterday's session but regained ground before the bell, rising around 1%.