Core Insights - The article discusses the increasing trend of tech giants using Special Purpose Vehicles (SPVs) to finance the purchase of GPUs, allowing them to avoid adding significant debt to their corporate balance sheets [2][4] - Nvidia is confirmed to be participating in a $20 billion financing structure primarily composed of debt, with some equity involved [2][3] - The financing will be used to acquire chips for a data center in Memphis, with various Wall Street investors involved, including Apollo and Balor [3][4] Financing Structure - The financing structure totals $20 billion, with the majority being debt and a portion allocated to equity [2] - Nvidia has invested in the equity portion, which is notable as it indicates the company is using the funds to purchase its own chips [4] Investor Returns - Investors in the SPV will receive lease payments over a five-year period, which will help amortize the debt incurred [5][6] - At the end of the five years, the chips will still hold value and remain within the SPV, providing potential future benefits to investors [6]