Thread

Amazon seeks to offload $8B of Nvidia chips to investors

80 points · 92 comments · wslh

prometheus1992 · 1790953233 · focus · HN ↗
are they trying to pull off what meta did?
link - <a href="https://www.reuters.com/legal/transactional/meta-set-clinch-nearly-30-billion-financing-deal-louisiana-data-center-site-2025-10-16/" rel="nofollow">https://www.reuters.com/legal/transactional/meta-set-clinch-...
1. xlayn · 1790953805 · focus · HN ↗
  Is all this a tax evading thing? so you move all those assets to the other company, the datacenter that is installed on a place that gives them a lot of tax advantages because "it will create thousands of work positions" gets then to be assigned to a shell company that declares the whole thing experimental and gets a lot of tax benefits that may result in "tax returns" paid from taxes from the people? LOL
  how many dips are there in that scheme?
  1. [deleted] · 1790954078 · focus · HN ↗
    [deleted]
  2. dgellow · 1790954247 · focus · HN ↗
    No, it’s not solely for taxes, they use those SPVs to protect their debt rating, they can raise debt via a vehicle they control without having to add it to their balance sheet. It’s exactly what meta has been doing. They want to avoid being the next oracle.
    As far as I’m aware it’s all legal, but also shady and doesn't inspire confidence. You wouldn’t be trying to obfuscate your debts if you didn’t think transparency to your investors would make you look bad
    dcrazy · 1790954535 · focus · HN ↗
    Is it really obfuscation, or is it finding a greater fool to hold the bag when Bedrock demand plummets?
    salawat · 1790959651 · focus · HN ↗
    It's the same picture.
  3. prometheus1992 · 1790954253 · focus · HN ↗
    I really didn't think it from the tax angle. In my mind they are doing this to move chunks of meaningful debt from their balance sheet and with it, move the risk elsewhere. These are outside investors who will own the GPUs and amazon will pay a rent to use those GPUs. It's interesting why amazon would do this, and not just amazon- meta, google and everyone else is using SVPs.

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