Wall Street giants bet Nvidia’s AI chips will defy the laws of finance

Private capital firms are wagering that Nvidia's AI chips will hold their value for years, defying the typical rapid depreciation of technology hardware. The Financial Times reports that these investors are betting on the long-term resale value of Nvidia's GPUs, which are crucial for AI development, despite the risk of obsolescence as new models are released.

Wall Street giants bet Nvidia’s AI chips will defy the laws of finance Source: Financial Times Technology https://www.ft.com/technology Private capital firms are wagering that the crucial hardware will hold its value for years to come Get AI news in your inbox Daily digest of what matters in AI.