This article first appeared on GuruFocus.
Nvidia Corp. (NVDA, Financials), the semiconductor company behind the GPUs powering much of the AI boom, is getting another large infrastructure project off the ground in Southeast Asia.
AI platform Zankore secured a senior term loan facility of up to $3.1 billion to fund Nvidia-powered GPU and cloud infrastructure in Indonesia.
Citi served as exclusive debt adviser, with Citi, ING, Natixis, Qatar National Bank and United Overseas Bank among the lenders.
Zankore plans to begin with 100 megawatts of Nvidia infrastructure before expanding toward 1 gigawatt of AI factory capacity. The scale matters.
Most of Nvidia’s largest AI customers have been U.S. hyperscalers and technology companies. Zankore gives the chipmaker another path into fast-growing markets where customers may need outside financing to fund expensive GPU deployments.
The structure also includes revenue-sharing and credit-support arrangements designed to tie deployment more closely to customer demand.
That can help projects get financed, but it also shifts more attention toward the quality of the demand behind Nvidia’s hardware sales.
For investors, the next thing to watch is whether similar financing structures begin unlocking more multibillion-dollar GPU orders across Asia and other emerging AI markets.
https://finance.yahoo.com/technology/ai/articles/nvidia-just-found-another-way-163356460.html?shem=aimgspc,
