Language:
Instant News and Commentaries
Report: NVIDIA to Provide USD250B Guarantee for OpenAI to Lease SoftBank Data Center
27 Jul 2026 09:10
NVIDIA Corporation (NVDA.US) is discussing providing guarantees of about USD250 billion to help OpenAI lease a 10-gigawatt data center hub being built by Japan's SoftBank Group (9984.JP) in Ohio, the US, the Wall Street Journal, citing sources, reported.

Previously, SoftBank founder Masayoshi Son said the project's cost could reach about USD500 billion. NVIDIA's guarantees would help SoftBank secure additional financing to support the project.
~

AASTOCKS Financial News
Website: www.aastocks.com
SG Top Picks
Stock & Type Code Strike(Call Level) Last Effective Gearing
Nvidia (C) 11185 275 (-) 0.135 6.2 X
Nvidia (P) 11090 168 (-) 0.139 4.5 X

 

Information Provided by AAStocks Financial News [Disclaimer]
Subscribe Newsletter
Get the latest news from us by inputing your email address here.
(Please read our Privacy Policy)