[DEVELOPING] Reuters: lenders want stronger Nvidia guarantees on $500B chip-backed financing plan
Reuters reports banks and credit investors underwrite GPUs on 3-4 year depreciation versus Nvidia's ~10-year useful-life claim, and are pushing for guarantees beyond the ~25% residual-value cap Nvidia originally envisioned; pipeline deals worth tens of billions now reportedly carry guarantees or investment-grade customer contracts. Precedents cited: CoreWeave's $8.5B Meta-backed facility and Broadcom backstopping >80% of a $35B Anthropic structure. Watch for the first closed deal's actual guarantee terms.