Jim Cramer: US Government Is Nvidia's Silent Backstop in $250B OpenAI Data Center Deal

According to Jim Cramer on Monday night's episode of Mad Money, the US government serves as a quiet backstop ensuring Nvidia does not lose the artificial intelligence race to China. Nvidia is in talks with OpenAI to guarantee roughly $250 billion in financing for a 10-gigawatt data center campus in Piketon, Ohio, according to the Wall Street Journal.

Commerce Secretary Howard Lutnick holds the key: he controls access to federal power at the site, which sits on decommissioned federal land. The electricity flows from a natural gas plant funded by a $33 billion Japanese investment under a recent US trade deal. Lutnick's office will decide which company—OpenAI, Anthropic, Microsoft, or Google—gains access to that power supply.