🎙️ NVIDIA’s $500B Wall Street Play: Who Benefits Beyond the GPU?

Hey everyone, welcome to XT Space. And so, it's Friday. And Mark and Sat are ending the week with the pretty unusual split. Tech and chip stocks have been under pressure as investors question whole much. The in-I bolts out will cost and how quickly can generate returns. Bitcoin in one has moved into the mid-70 thousands. That's really awesome. It helped by low-reales, strong liquidity, quickly policy headlines, and major wave of short liquidations. Those moves have different drivers, but they bring us to the same question. Where is the real money going? A little more than a week ago in video and six major financial institutions announced plans to create independent platforms that could model as more than 500 billion or AI and his first structure over time. That does not mean 500 billion dollars has already been raised. Think of it as the plan size of the finance and channel. 500 billion is a huge even for the US. For comparison, the entire US venture capital market and the message about 300 and went to billion dollars in 2025. So in video plans, plant AI finance is roughly 1.5 times larger than a full year of US VC investment. Tonight we will ask what the headline real remains, whether a computer can work like traditional infrastructure, who benefits beyond Nvidia and whether a crypto or a DEP has any real place in these built out. We also got 300 user-t features on us to wait tonight, or if your question is in the comments for a chance to win. This is market discussion and education, not financial advice. Joining us for today's conversation, Arman Ahmed, XG market, marketing head, we also pleased to introduce Newspers to today's conversation as a dominant crypto content creator, a great advisor and Jeffrey, a cryptocurrency content creator as well. So welcome everyone. Hi, Arman. Could you please introduce yourself? So I think that you can start the session. Thank you. Hi, everyone. Arman here. Glad to be here again. I had a marketing and exchange change and I spent my day watching how stories will mark hands. That's what marketing does. And tonight's subject is a perfect case study, like 500 billion dollar. It's a big number and also lots of noise in the real details, really worth checking underneath. So happy to dig in with everyone. Thank you, Sue. Thank you, Arman. Okay. Let's go to you next. Could you tell us a bit about your background? Okay. Hi, guys. GM, GM. I am content creator, but I don't like answering the general tag of a call. I treat the effects markets from time to time. I also treat stocks on chain. I double here and then took nice stocks as well. So that's why I picked a little bit of interest in the space, consigning the Wall Street Fitz video house. So yeah, nice to meet you guys. Nice to meet you. Thanks, Dominic. Okay. Jeffrey, the floor is yours. Please tell us a bit about yourself and your work. Jeffrey, I think that's something happening with your mic. Could you please repeat? So I think that's, yeah, Jeffrey will be. I think Jeffrey, you need to be. Get back. Or I think that you. Yeah, he might be back soon. We can't hear him either. Okay. Okay. So, let's go forwards. I think that Jeffrey will be joining us a bit later. So the first question for MI. So let's talk about 500 billion because it sounds massive, but where does this deal actually stand right now? Should every day investors read it as a real ordinance on the books or finance and target or market narrative? So I think Dominic, I really would love to get your thoughts first. So please. Okay. Sure. I think the 500 billion which they announced is still to me still a label. We all attach markets labels to deals that have not been finalized. Right now, the video is under a lot of pressure, even from, even guys that are Wall Street. You guys know, Michael Borreau together, I had a big shot. He has a lot of conviction that the video stops in kind of four. So like it's always trying to present some thought for the video right now. But I still think the 500 billion, this $10, which they announced is still numbers. Nobody has committed money yet. The five companies that have announced that they're going to be involved in the lead, they have not even stated how much they're going to be investing into the cooperation. It's all still an agreement right now. So that's something that I feel like, okay, it's still going to be decided in the coming weeks. Okay. Okay. Thank you Dominic. So Armin, could you close us? I would say on this topic, ensure your perspective, what do you think? Well, yeah, sure. Speaking up on Dominic, I would also look at how the market reacted. Now, if investors generally believed and video had just secured like 500 billion dollars of a confirmed new orders, you might expect like chip stocks to celebrate immediately, right? But that's not what happened. Several seven conductor stocks came under pressure after the announcement and that doesn't prove the plan will fail and short term price movement can be noisy. But it does tell us professional investors were not treating the headline as 500 billion dollars of guaranteed revenue. They weren't like still asking the same questions, where I said not, how much capital is actually committed? How quickly can project be built? And will the customers using that compute generate enough cash flow? These are the questions more important or getting more attention. Like the 500 billion dollars, therefore better understood as a long term financing target, in my opinion. It shows that Nvidia and major financial institutions wants to create a large market for AI infrastructure funding, but important. It remains different from signed customer orders or revenue already visible in Nvidia's accounts. So I'd be careful with another simple narrative as well. Like chip stocks fell while Bitcoin rose, so money must have moved from AI into crypto. That's also like to simplify it. But the two markets were actually responding to different factors. The useful takeaway is much simpler. The headline created attention, but the market is still waiting for proof. So we are waiting for more proof at this moment. Thank you, CEO. Thank you, Armin. Yeah, absolutely. So we need to more proofs and more facts and so more, I think some opinions about this. So I think Jeffrey has gained back. So Jeffrey, good to see you. Just for checking your mic. So I still know any sound. Yeah, maybe he has a problem on his mic. Should have no one. Okay, so let's go for it. So let's build on that once our guests are saying next up can compute actually behave like in infrastructure that Wall Street wants to hold for the long ground. So that's a real question as well. So I think that's the next question will be for Armin. So I think that yeah, Armin. So what do you think? Why would Wall Street want to lend money to AI data centers in the first place? What has to be true for compute to earn like an infrastructure asset or over to the long ground, the way power plant or an airport does and where is the biggest pitfall. So Armin, what you can say. Okay, why would Wall Street want to lend money? They think about it. Okay, this looks a little like vendor financing. That sounds technical, but the idea is quite simple. Invidia benefits when customers can access cheaper capital to buy more in Vida systems and by bringing in major financial institutions Nvidia is helping turn future chip purchases into projects that can be financed over many years. So that's a smart business. It can expand the market without Nvidia having to provide all the funding itself. But investors should still ask like whether the underlying project works without having support from the supply. At Portfac, Nvidia is the exclusive compute provider is providing credit support and is investing like 1.5 billion in SP energy that shows our real commitment. But it also means Nvidia is doing more than simply selling hardware. The key question is whether future projects can attract capital because their customer contracts and cash flow are strong or whether they only work because Nvidia is taking part of their risk. The first outcome would support the idea of compute becoming a broad infrastructure asset class. The second could still produce successful projects, but they may be harder to repeat at 500 billion dollar scale. So I would not like reject and retract the label. I would simply ask how much of those structure stands on each own. That's my take. Thank you, Arman. Thank you. So Dominic, would you add here the same question? I agree. Actually, I agree with what he said. I'm always a bit of a skeptic. I'm not always certain. I seem to be very, very confused on why Nvidia acts the way they act. I always say, okay, I'm not a professional. So I'm going to be keeping the skepticism to myself. Firstly, I think the money managers in Wall Street, they handle a lot of cash and they feel like the numbers which Nvidia has been putting out about the last couple of weeks once. It's very, very promising. Considering that I'm not sure there has been any company that reports earnings as much as Nvidia over the past two or three months. So ideally, any deal that comes from Nvidia, concerning it, either the sensors or stuff like that, people always rush into impute or floating like they are money into the business or something like that. My own problem with if it's going to serve as an infrastructure is that I feel like it's not going to serve as an infrastructure because the GPUs which they are building these centers for, they go out of stock like really fast. They go out of stock within 36 years. So if you're planning to build a GPU center, ideally you're saying that, okay, the sensors you're going to use it for 36 years. So in 36 years, your calculations that you're going to make back exactly more than the $500 billion which you guys have committed into building these centers. Mind you, there's still costs of electricity, you know, cost of a lot of stuff that I want of fact training, all while fact training the fact that Nvidia also pays out, like it gives it loans up more than $500 billion.