Holy crap! The scandal surrounding Jensen Huang keeps getting bigger and bigger, this time uncovering a multi-billion dollar AI financial risk at Nvidia! The extramarital affair isn't over yet, and the Wall Street Journal has dropped another bombshell: In an internal meeting this August, Jensen Huang publicly humiliated CFO Colette Kress, calling her a deer stunned by headlights. The reason? She questioned Nvidia's ongoing high-risk financing deals. Huang's son-in-law, Nico Caprez, was also involved in driving these financing deals. Nvidia invests in cash-strapped AI companies, provides credit guarantees, and helps them finance the construction of data centers and the purchase of Nvidia GPUs. Nvidia then profits from chip sales and even has the opportunity to share in its customers' cloud computing revenue. This is the "circular financing" that Wall Street fears: the more chips sold, the better the revenue, but some customers' purchasing power actually requires financial support from suppliers. As of July 26, there were $99 billion in equity investments, $25 billion in follow-on equity investment commitments, and $36 billion in AI cloud service purchase commitments. Another phased guarantee of up to $105 billion is provided for OpenAI's Ohio data center. These amounts are different in nature and cannot be simply added together, nor do they represent that Nvidia has already lost that much money. However, the problem is that if AI companies fail to generate sufficient revenue and the financing chain tightens, chip orders, data center leases, and related guarantees could all come under pressure simultaneously. Now, with the CFO who once questioned these risks in charge, the market is finally facing a harsh question: How much of Nvidia's explosive growth actually stems from genuine demand from end customers, and how much is being sustained by Nvidia's own money?