BlackRock (BLK) & NVIDIA Corporation (NVDA): BlackRock’s Larry Fink Says the US Alone Needs 70 Gigawatts of Power for AI
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BlackRock (BLK) & NVIDIA Corporation (NVDA): BlackRock’s Larry Fink Says the US Alone Needs 70 Gigawatts of Power for AI Fatima Gulzar Mon, August 17, 2026 at 5:31 PM EDT 3 min read BLK NVDA BlackRock, Inc. (NYSE: BLK ) CEO Larry Fink joined the CNBC panel this week and laid out the scale of what's needed to power the AI boom. "We're gonna need over 70 gigawatts of power," he said, just for the US. Fink compared this moment to the birth of the mortgage-backed securities market in the 1970s, when he started his career, calling it the next chapter in financial engineering. That comparison raises a real question: is this genuinely a new frontier for capital markets, or an uneasy echo of the last time Wall Street got excited about securitizing a fast-growing asset? Fink called the AI buildout a source of "a fantastic investment" that could draw growing capital allocation over time, positioning NVIDIA Corporation (NASDAQ: NVDA )'s hardware at the center of what he framed as a genuinely new asset class rather than a passing trend. The entire plan depends on Nvidia's GPUs holding their value over time rather than depreciating quickly, an assumption short seller Michael Burry has publicly challenged. So far, the companies involved have only signed memos of understanding, not binding contracts. Fink said BlackRock, Inc. (NYSE:BLK) already has some capital ready to deploy but plans to raise "quite a bit more." He argued the buildout is also a genuine jobs story, noting that even 100 megawatts of data center construction requires roughly 3 million hours of labor. Fink said the money "has to flow through the American capital markets," since that's the largest pool of capital in the world, and framed US leadership in AI as a national priority worth funding quickly. Fink's own historical comparison carries risk built in. He likened this moment to the start of the mortgage-backed securities market in the 1970s, a market that later became the center of the 2007-2009 financial crisis once defaults rose faster than expected. BlackRock, Inc. (NYSE:BLK) is underwriting exposure to a new asset class before pricing and default terms are even settled. BlackRock, Inc. (NYSE:BLK) was held by 79 hedge funds as of Q1 2026, up from 78. NVIDIA Corporation (NASDAQ:NVDA) had 275 holders. Among the six financing partners, Goldman Sachs had 83 holders and Blackstone had 84, putting BlackRock at the lower end of that group. BlackRock, Inc. (NYSE:BLK)'s Fink is betting AI compute becomes as foundational to markets as mortgages once were, but that comparison should remind investors how quickly a hot new asset class can turn risky. While we acknowledge the potential of BLK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock . READ NEXT: Amazon.com, Inc. (AMZN) vs. Apple Inc. (AAPL): Hedge Funds Favor One over the Other and The Crown Keeps Switching Hands: Apple Inc. (AAPL) vs NVIDIA Corporation (NVDA). Disclosure: None. This article is originally published at Insider Monkey .
AI 시장 분석
BlackRock CEO Larry Fink emphasized that building AI infrastructure in the US alone requires over 70 gigawatts of power, evaluating it as a new asset class. While data center construction brings massive capital inflow and job creation, it also carries speculative risks compared to the 1970s mortgage-backed securities market. Investors are advised to take a cautious approach until NVIDIA GPU value retention is proven and definitive contracts are signed.
상승 영향
- AI — With over 70 gigawatts of power and massive infrastructure investments expected in the US, the expansion of related hardware and ecosystems such as NVIDIA will accelerate.
하락 영향
- Stock Market — Financial engineering risks similar to the past mortgage-backed securities crisis are being raised, and large-scale fundraising pursued without concrete contracts could deepen market volatility.
DYAX 전담 분석
Large-scale AI infrastructure investment announcements centered around BlackRock and NVIDIA suggest a surge in related hardware and power demand, raising market expectations. The 70-gigawatt power demand is a direct tailwind for the energy and infrastructure sectors, but the lack of specific contracts and bubble concerns are factors increasing volatility.
In the bullish scenario, massive capital injection will accelerate, raising the valuation of the entire AI ecosystem. Conversely, in the bearish scenario, default and sharp value drop risks similar to the mortgage crisis could emerge, with key monitoring indicators being the number of definitive contracts signed and the progress of data center power supply and demand.
AI가 생성한 분석으로 투자 자문이 아닙니다.
DYAX Investor Sentiment
Bullish (Long) 51% · Bearish (Short) 49%
371 participants
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