Nvidia's $530B in commitments is about 5.4x its cash as interim CEO Colette Kress takes over the financing deals
Nvidia ($NVDA) named CFO Colette Kress interim CEO on Thursday after Jensen Huang resigned. She now decides how many more AI financing deals it signs.
Its last filing lists about $530 billion in commitments and guarantees. That is about 5.4x its $99 billion in cash and securities. The $105 billion OpenAI data center guarantee alone is about 20% of it. Tuesday's earnings call matters more than usual.
Sources: CNBC: What's ahead for AI financing after Nvidia CEO Jensen Huang departs · TechCrunch: Nvidia's Jensen Huang resigns, chipmaker names CFO Colette Kress as interim CEO · @MarcelLarsen_: The WSJ just published what happened inside Nvidia this summer, and it changes how I read Colette Kress
Not financial advice. For informational and educational purposes only.
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