Nvidia, OpenAI
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The strategic $100 billion investment partnership with OpenAI de-risks future growth of Nvidia. Read why NVDA stock is a Buy.
For investors, the message is simple: Nvidia is committing up to $100 billion in staged capital and hardware to OpenAI's buildout -- an investment that ultimately flows back into its own ecosystem. The stock isn't cheap, but the premium reflects a level of certainty few other tech growth stories can match.
Nvidia stock jumped roughly 4% on Monday as the chipmaker announced it will invest up to $100 billion in OpenAI as part of a new partnership. Nvidia said in its announcement that
NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks in the Spotlight This Week. On September 24, Mizuho analyst Vijay Rakesh reiterated an Outperform rating and $205.00 price target on the
But Nvidia, in this one recent move, has shown its strength as the central player in the AI market. The company aims to invest as much as $100 billion in Open AI amid a buildout of the lab's data centers. This partnership could become the biggest profit engine in AI history -- and secure Nvidia's AI empire. Let's check it out.
Chinese electronics manufacturer Luxshare Precision Industry (SZ:002475) surged to record highs this week after reports revealed a partnership with OpenAI to develop a consumer artificial intelligence device.
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