Nvidia's 25% Bet Against Its Own Bubble

Nvidia just told Wall Street it'll personally cover up to 25% of the loss if the GPUs backing $500 billion in AI data center loans turn out to be worth less than the paperwork says. TechCrunch called it "risky but brilliant." I'd call it the most honest thing Nvidia has said about this bubble all year — because you don't insure an asset's resale value unless you're worried it might not have one.…