# Nvidia Credit Risk Jumps in Swaps Market on AI Deal Talk Reports > Source: > Published: 2026-07-27 13:27:25+00:00 (Bloomberg) -- The cost of protecting Nvidia Corp.'s debt against default surged by the most on record on Monday after reports that the chipmaker is in conversations on more than $750 billion of artificial intelligence infrastructure deals, stoking fears that the company is taking on even more obligations. Most Read from Bloomberg - [China Chipmaker CXMT Jumps 466% in Debut After Blockbuster IPO](https://www.bloomberg.com/news/articles/2026-07-26/china-memory-champion-cxmt-set-to-debut-after-9-8-billion-ipo?utm_campaign=bn&utm_medium=distro&utm_source=yahooUS) - [SpaceX at $100 Would Imply Zero AI Value, Morgan Stanley Says](https://www.bloomberg.com/news/articles/2026-07-24/spacex-at-100-would-imply-zero-ai-value-says-morgan-stanley?utm_campaign=bn&utm_medium=distro&utm_source=yahooUS) - [Stocks, Bonds Rise in Relief Rally as Oil Tumbles: Markets Wrap](https://www.bloomberg.com/news/articles/2026-07-26/oil-tumbles-as-us-and-iran-pause-military-strikes-markets-wrap?utm_campaign=bn&utm_medium=distro&utm_source=yahooUS) The price of protecting Nvidia's debt against default for five years rose as much as about 0.14 percentage point to as high as around 0.82 percentage point a year on Monday, according to ICE Data Services. That's the biggest intraday rise since the swaps started to actively trade in November. A representative for Nvidia didn't immediately respond to a request for comment. Nvidia is in discussions to provide a guarantee of as much as $250 billion to help OpenAI lease computing from a US data center project, in what would be among the chipmaker's biggest financing deals with a customer. The company also said an initiative with the parent of South Korean chipmaker SK Hynix Inc. unveiled late Friday is worth more than $500 billion. Most Read from Bloomberg Businessweek ©2026 Bloomberg L.P.