Both sides announced this to boost their share prices as they’re both growth stocks. Growth stocks are a trap - no company can keep on growing forever.

This announcement is a sign the AI boom is probably soon to end. Nvidia quietly announcing the $100bn deal isn’t going to happen, is Nvidia trying to reduce it’s exposure to the bubble popping. Unfortunately for Nvidia, it’s already way way too far and the vast majority of it’s value is speculative. The question is have they damaged their core business by chasing the AI bubble, and what liabilities will they be left with if their customers go bankrupt and don’t pay them for their product.