The Chipmaker Opened a Bank, and Oil Sent the Invoice
💻 Nvidia opened a bank for GPUs, and the bond market sent everyone else the bill. Six major capital providers are preparing financing platforms intended to mobilize more than $500 billion for AI infrastructure. The critical distinction is that the announcement consists of memorandums of understanding, not $500 billion of funded commitments.
📈 Monday’s indexes barely moved, but oil surged 5.1 percent, the ten year Treasury reached 4.72 percent, and the thirty year reached 5.25 percent. Real estate lost approximately 1.5 percent because strategic scarcity may be valuable, but ordinary yield…
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