Nvidia and OpenAI are close to agreeing financing for a large data-center campus in Ohio, but have reworked the terms so Nvidia would initially guarantee only half of the build-out. The revised guarantee falls from $250 billion to under $120 billion, a change made after investors questioned how much risk Nvidia was taking on to support demand for its chips. The deal has not been signed and the terms come from people familiar with the talks.
What changed
Nvidia had been in talks to guarantee the full $250 billion financing for the Ohio data-center build-out.
- guarantee cut from $250 billion to less than $120 billion
- 10-gigawatt project, half backstopped initially
- Nvidia shares fell 5% after the original report
- wsj.com2026-08-14