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Aug 28 2026

WSJ reports Nvidia shelved its neocloud revenue-share financing deals; Nvidia says the program 'continues to evolve'

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The July 1st initiative offered credit support in exchange for revenue share, reportedly half above a preset level on six-year terms, with $36B of commitments in Nvidia's quarterly filing. Reported friction: internal concerns and a lease-only-to-approved-customers condition. IREN fell over 7%, CoreWeave 2.96% on Friday.

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