This is absolutely unbelievable. Investors are now feeling that Nvidia is as creditworthy as the U.S. government. Nvidia's 5-year credit swap (CDS) is trading at ~38 basis points, slightly lower than the U.S. sovereign CDS, at 40 basis points. In other words, the market sees the world's largest company as less likely to default on its obligations than the U.S. federal government. This appears to be the case as in FY2026, Nvidia carried only ~$8.5 billion in total debt compared to ~$10.6 billion in cash and generated nearly $100 billion in free cash flow, giving it one of the strongest balance sheets of any company in the world. Even if Nvidia's earnings were down -90%, it would still be among the top 100 most profitable companies in the world. The market is treating Nvidia as one of the safest companies on the planet. #NvidiaAIPCPush $NVDA