Money Quote: Jensen Huang on Nvidia's Circular Deals

Dow Jones

4 hours ago

"I put in one, and a hundred comes back. Is that circular?"

-Jensen Huang, CEO of Nvidia, speaking at Goldman Sachs' Communacopia conference in San Francisco on Thursday.

Huang was asked during an onstage interview whether Nvidia's efforts to provide financial backstops for data center projects and other artificial-intelligence infrastructure constituted "circular financing." Huang said the deals represented a "really smart strategy" to help create "distribution channels for Nvidia's architecture."

Nvidia's shares were down 2.5% to $218.15 in afternoon trading.

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