Nvidia may backstop Oracle data centers, TD Cowen reports
Photo: Crypto Briefing
An analyst note suggests the chipmaker could guarantee Oracle's lease payments or sublease it capacity as Oracle chases construction financing Nvidia might be lending Oracle more than chips. It might be lending its balance sheet. TD Cowen analyst Michael Elias suggested on October 20, 2026 that Nvidia may be financially supporting Oracle’s AI data center buildout. Neither company has confirmed it. Elias outlined two possible shapes for the arrangement. Both are about making lenders comfortable. The first is a credit guarantee. Nvidia would stand behind Oracle’s lease payments on data center facilities.
Source: Crypto Briefing
