Big Tech turns to residual value guarantees for off-balance sheet AI spend

The Financial Times reports that Big Tech is increasingly using residual value guarantees for off-balance sheet AI spending, giving Nvidia and Broadcom a way to support their customers' purchases. Wall Street is using the tech giants' credit strength to secure cheaper funding for the AI build-out.

• Big Tech uses residual value guarantees for off-balance sheet AI spend
• The structure lets Nvidia and Broadcom support customers' purchases
• Wall Street turns tech giants' credit strength into cheaper AI funding