# Can Nvidia’s circular financing keep fueling the market rally?

> Source: <https://ca.finance.yahoo.com/video/nvidia-circular-financing-keep-fueling-140000896.html>
> Published: 2026-08-13 14:00:00+00:00

Morning Brief Host Julie Hyman welcomes Defiance ETFs CIO** **Sylvia Jablonski and Yahoo Finance Senior Business Reporter Ines Ferre to the show to break down Nvidia ([NVDA](https://finance.yahoo.com/quote/NVDA/))'s circular financing, the cyclical nature of the semiconductor industry, and whether massive AI capex spending can continue to fuel the chip rally.