By Samuel O’Brient
Publication Date: 2026-08-11 16:53:00
Nvidia’s Jensen Huang sees company’s AI compute as a burgeoning asset class for investors to consider.
The Nvidia CEO took to X on Monday to tout the partnership between the chip titan and some of Wall Street’s biggest firms to help finance a $500 billion build out of AI infrastructure. The partners include including Apollo, BlackRock and Goldman Sachs, KKR, Blackstone, and Brookfield.
“AI has reached an inflection point,” Huang wrote. “It is moving from research into production. AI is creating real value, and the infrastructure behind it is becoming one of the world’s most productive assets. In AI, compute is revenue.”
Compute refers to the physical infrastructure needed to train and run AI models, but Huang wrote that it includes more than the company’s coveted GPUs. The asset class he envisions is the entire infrastructure stack, from the racks to the factories to the networks and the software that tie it all together.
As investors have rushed to pour money into the companies powering the AI boom, compute has emerged as its own commodity, with some tech firms considering including it in compensation packages. Investors recently cheered a move by Meta to sell its excess compute to other users.
Huang’s thesis centers on presenting Nvidia’s compute as a financeable, revenue-producing asset that can hold its value over the course of its life.
“These are the characteristics of an investable infrastructure asset,” he said. “It produces…
