Is NVIDIA Funding Its Own Stock Rally?

Image from Pixabay If you hold NVIDIA (NVDA) stock, one number deserves your attention: roughly a quarter. That is the share of fiscal 2028 business management expects from AI labs it will back with its own balance sheet. NVIDIA's revenue more than doubled year over year in fiscal Q2 2027, so this number is easy to miss. An important thing to watch is how much future demand depends on NVIDIA backing its own customers. Why Does NVIDIA Put Its Own Money Behind Its Customers? Here is how this kind of support works, as a made-up example. A chipmaker invests in a young customer. That customer then spends the money on the chipmaker's products. The sale is real, but the chipmaker's own money sits on both sides of it.