SectionsMy IBDMy ProductsRecently SearchedNewsLicensingAPARNA NARAYANANUpdated 10:18 AM ET 08/11/2026Nvidia (NVDA) confirmed late Monday that it will work with six of the world's largest financial companies to secure $500 billion in funding for artificial intelligence infrastructure. The financial stocks jumped on Tuesday. The Financial Times first reported the development, which the AI chip giant confirmed after Monday's market close. Nvidia signed memorandums of understanding with Apollo Global Management (APO),…Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8INVESTING RESOURCESTake a Trial TodayGet instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20!IBD VideosGet market updates, educational videos, webinars, and stock analysis.Get StartedLearn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content.