With a market valuation of nearly $5 trillion, chipmaker Nvidia sits at the centre of global trade. The company that sells GPUs to hyperscalers like Microsoft and Amazon, who then rent the Nvidia-powered compute to startups like OpenAI and Anthropic.

Nvidia's AI financing deals could exceed $750 billion, but critics warn circular financing may artificially inflate demand and expose AI firms to

Breakingviews warns Nvidia's Cloudmaxxing strategy could expose the chipmaker to $600 billion in data center financing risk tied to OpenAI and