NVIDIA Corp.
(NASDAQ:NVDA) is reportedly in talks to guarantee roughly $250 billion in financing for OpenAI's new 10-gigawatt Ohio data center, a project developed by SoftBank’s energy subsidiary, SB Energy, according to The Wall Street Journal.
NVDA stock is down on the report.
See the chart and price action here.
Nvidia would also discuss separately financing up to $350 billion of chip purchases tied to the same site, pushing total project costs past $500 billion and making it the largest data center ever proposed.
