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Nvidia's bet that its chips can finance the AI boom gets a Wall Street reality check

New York, October 1 - Nvidia's ambitious financing plan for its advanced chips has sparked debate on Wall Street about the value of its technology and infrastructure. While Nvidia remains optimistic, banks and investors are more cautious and skeptical about the long-term viability of the company's chips, according to banking sources and credit managers.

Some lenders are seeking higher guarantees for Nvidia's AI processing power, as they try to determine how long the revenue from its chips will last, Reuters reported, citing anonymous sources.

Written by urgent.news from CNA - Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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Marinakis’ Affiliated Capital Maritime Finance Corp. To List on Euronext Athens

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  • Marinakis' affiliated Capital Maritime Finance Corp. to list on Euronext Athens.
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  • Fleet of 36 container vessels, 13 operational, with 100% charter coverage through 2034.

[Closing Market] Micron Sparks KOSPI Reversal Above 6,970

On Oct. 1, the first trading day of October and the start of the fourth quarter market, the domestic stock market overcame extreme early-session anxiety to stage a dramatic reversal, closing strong.

  • KOSPI index closes above 6,970 after initial drop to 6,760
  • Micron Technology's earnings surprise boosts semiconductor stocks
  • Foreign buying power surges, driving KOSPI and KOSDAQ rebounds

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