On Monday, Nvidia Corp.

(NASDAQ:NVDA) announced that it is teaming up with six of Wall Street’s biggest asset managers to unlock more than $500 billion in financing for AI infrastructure.

Jensen Huang argued that the company’s chips have evolved into "revenue-generating assets.’ Nvidia Wants AI Chips to Become a New Asset Class Nvidia signed memorandums of understanding with Apollo Global Management (NYSE:APO), BlackRock Inc.

(NYSE:BLK), Blackstone Inc.

(NYSE:BX), Brookfield Asset Management (NYSE:BAM), Goldman Sachs (NYSE:GS) and KKR & Co.