Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?

Nvidia and six Wall Street giants are targeting $500 billion to finance AI infrastructure as Jensen Huang pitches chips as a new asset class.

Nvidia CEO Jensen Huang said AI compute is emerging as a new investable asset class as the chipmaker partners with six major financial firms to establish financing platforms. The…