Credit Plan Renegotiated

The most likely outcome is that banks do not abandon the project outright but force Nvidia to resize the facility, tighten collateral terms, and clarify Colette Kress’s stance on customer backstops. Lenders have an incentive to preserve fees and AI exposure, but the leadership change and loan rates above 10% make the original $500B target difficult.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.