Nvidia is reportedly in discussions with OpenAI to provide up to $250 billion in financing for a new data center in Ohio, raising significant concerns about potential circular financing practices reminiscent of the dot-com bubble. As AI investments surge, Nvidia’s credit default swaps saw a record spike, prompting analysts to warn of a possible stock slump. Despite the fears, some believe Nvidia’s stock remains undervalued. Additionally, the tech giant plans a substantial spending spree, which has led to rumors of a $600 billion deal with OpenAI, further fueling speculation about the implications for Nvidia and the broader tech market.