Nvidia said on August 10 that it signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to set up separate financing platforms for computing power. According to Sina Finance, the companies plan to mobilize more than $500 billion in third-party capital over time for artificial intelligence infrastructure.

Nvidia said the figure is the combined upper limit of capital that the platforms could mobilize, not current revenue and not a commitment from a single fund. The agreements are still awaiting final text.

The market will look for more details on demand, guidance, and financing arrangements in Nvidia's fiscal second-quarter results, due after the U.S. market close on August 26. Nvidia said the quarter ended on July 26, and it previously guided for revenue of $91 billion, plus or minus 2%, with non-GAAP gross margin of about 75%.

Jensen Huang said the company can provide residual-value support of up to 25% of the opportunity size on a project basis. PitchBook estimated that, if the 25% cap is applied, the potential contingent exposure could reach about $125 billion, but no funds have been raised yet and the legal structure has not been finalized.

Nvidia shares fell about 1% to 3% on the day the news was announced.