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The Web Of AI Circular Deals Begins To Unravel [Seeking Alpha]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The industry depends on outside injections of capital and circular financing arrangements to stay afloat. Nvidia CEO Jensen Huang has just said something that would seem to suggest the web of circular financing deals propping up the industry could be unraveling. If so, this is very bad news for the U.S. stock market and the U.S. economy. Olga Gont/iStock via Getty Images Anyone who has spent even a small period of time over the last few years looking into the U.S. stock market pretty quickly has come to realize that the whole thing is largely one big This article was written by Analyst's Disclosure: I/we have a beneficial short position in the shares of NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure:
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