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视频|英伟达「循环融资」的诀窍: 把信用借给客户,自己却不亲自放贷

EZ Primary Research CEO Ed Zitron 在接受 CNBC 采访时表示,英伟达正在 AI 算力产业链中同时扮演供应商、客户和融资推动者的多重角色。他认为,英伟达一边向 CoreWeave、Lambda 等公司出售 GPU,一边又通过长期采购合同、投资和融资支持,帮助这些公司获得资金继续扩建算力基础设施,最终这些资金又会回流到 GPU 采购上。相比直接放贷,英伟达更像是在「借出自己的信用」。 Zitron 真正担心的是,这套体系的需求高度集中在 OpenAI 和 Anthropic 等少数 AI 公司身上,而这些公司仍在大规模烧钱、盈利能力尚未得到证明。如果最上游的 AI 需求最终不及预期,围绕算力扩张形成的融资和投资链条,也可能面临更大的压力。
Disclaimer: The views above are the author's only and do not represent 711BTC. Nothing here constitutes investment advice.

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07-08 20:31

The Bank of Korea has released a regulatory proposal suggesting that personal stablecoin transactions exceeding $10,000 should be limited to transfers from verified wallets.

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07-08 20:22

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07-08 20:19

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