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Smfg CEO Nakashima:  Personally I Don’T Think Stance Of Nvidia's Management Will Change That Significantly

By Reuters News

Nov 13 (Reuters) - Sumitomo Mitsui Financial Group, Inc. 8316.T:

  • SMFG CEO NAKASHIMA: PERSONALLY THINK THERE IS A HIGH CHANCE THAT BANK OF JAPAN WILL RAISE RATES TWICE BY NEXT SUMMER TO 1.75%

  • SMFG CEO NAKASHIMA: NEWJAPANESE FIRMS ARE VULNERABLE TO A SLOWDOWN IN AI DATA CENTRE INVESTMENTSSEE LESS

  • SMFG CEO NAKASHIMA: THIS YEAR WE HAVE ADOPTED STRICTER STANDARDS ON EXTENDING CREDIT FOR DATA CENTRE FINANCING, SUCH AS RESTRICTING TO JUST HYPERSCALERS WITH HIGH CREDIT STANDING

  • SMFG CEO NAKASHIMA: IMPACT OF NVIDIA CEO STEPPING DOWN ON DATA CENTRE INVESTMENT IS DIFFICULT TO SEE AT PRESENT AND DEPENDS ON NEW MANAGEMENT

  • SMFG CEO NAKASHIMA: PERSONALLY I DON’T THINK STANCE OF NVIDIA'S MANAGEMENT WILL CHANGE THAT SIGNIFICANTLY

Source text: [ID:]

Further company coverage: 8316.T

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