Nvidia's financial engineering for AI development could amplify a recession's impact

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Nvidia's financial practices, such as guaranteeing a 20-year lease for OpenAI's 8-gigawatt data center and investing $30 billion in OpenAI, are unlikely to directly cause a recession but could amplify its effects if one occurs. This financial engineering allows OpenAI to secure loans for expensive data centers, ensuring continued demand for Nvidia's chips.