Nvidia Stock Loses $130 Billion in Value on $500 Billion AI Financing Report

Nvidia’s stock briefly dropped more than 3% on Tuesday, erasing roughly $130 billion in market value, after a report said the chip designer is entering a massive $500 billion artificial intelligence financing deal with Wall Street partners, including BlackRock. The sell-off came as investors weighed the scale of the new funding effort against the company’s current valuation. The deal, if confirmed, would represent one of the largest private AI investments to date, but Nvidia has not yet issued an official statement. The stock later pared some losses as analysts noted the report had not been independently verified.