$NVDA is helping finance OpenAI's buildout, and OpenAI turns around and "buys" more Nvidia chips. If that circular financing dynamic continues, investors should at least be asking how sustainable it really is. When that feedback loop eventually gets challenged, the unwind may not be limited to Nvidia—it could have meaningful implications for the broader market. Time will tell, but it's a risk I don't think enough people are talking about.
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