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Rubin Chips

2 GoKawiil briefs on this topic

Nvidia in talks to guarantee debt for Nscale's West Virginia AI data center

Nvidia is reportedly negotiating to back billions in debt financing for Nscale's planned Anthropic data center in West Virginia, according to The Information and corroborated by Bloomberg. Under the proposed residual value guarantee, Nvidia would cover construction costs if Nscale defaulted, temporarily take over the site, and help find a new buyer or tenant. Anthropic has already signed a $44.6 billion contract for the first building alone, per Nscale's IPO filing.

Nvidia CEO Jensen Huang forecasts chip sales will double next year

Speaking at a UK summit alongside King Charles III, Nvidia CEO Jensen Huang predicted the company would sell twice as many chips in the coming year compared to this year. This follows Nvidia's recent guidance of roughly 70% revenue growth for its fiscal year ending January 2028, reaching about $673 billion, a figure that already pushed analyst estimates higher.