Nvidia's AI Boom Is Being Financed By Wall Street's Newest Asset Class: GPU Debt

Short seller Jim Chanos warned in late 2025 that AI infrastructure was being built on leveraged financing tied to rapidly depreciating hardware. That warning is now becoming harder to ignore with Nvidia Corp (NASDAQ:NVDA) becoming a classic example of the situation.Nvidia’s AI boom is usually framed as a semiconductor story. Behind the scenes, it is increasingly becoming a credit story.One of Nvidia's fastest-growing customers, CoreWeave Inc (NASDAQ:CRWV) , has built its AI cloud using more than $10 billion ...