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Nvidia is everywhere offering "rescue financing" for others; "New Bond King" Gundlach warns it may signal a market top

2026-08-18 05:54

Odaily News: As Nvidia teams up with Wall Street to offer rescue financing everywhere, Jeffrey Gundlach, CEO of DoubleLine Capital and widely known as the "New Bond King," has issued a fresh warning that Wall Street's attempt to turn AI chips into an investable asset class could signal an imminent market top. Gundlach criticized Nvidia's recently announced partnerships with six financial giants, which aim to raise more than $500 billion for AI infrastructure. In these deals, Nvidia will act as the lead partner rather than the capital provider—essentially leveraging its own high credit rating to help control clients' financing costs.