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Nvidia (NVDA) recently announced a significant investment of up to $100 billion in OpenAI, leading to a resurgence in its stock price, which reached a 52-week high of $184 per share on Monday. This announcement follows a 4% dip in Nvidia’s stock in recent weeks and comes amid increased competition between the two companies regarding AI infrastructure.
The deal aims to enhance OpenAI’s capacity with the deployment of at least 10 gigawatts (GW) of AI data centers powered by Nvidia systems. This first gigawatt is expected to become operational in late 2026, coinciding with Nvidia’s launch of its upcoming Vera Rubin platform. OpenAI, currently valued at around $500 billion, is potentially on track for the first trillion-dollar IPO, having achieved approximately 700-800 million weekly active users.
The partnership has had positive repercussions for Nvidia’s affiliates, with companies like CoreWeave (CRWV), Dell Technologies (DELL), and Oracle (ORCL) seeing boosts in their stock prices as well. Nvidia’s market cap exceeds $4.2 trillion, reinforcing its position as the highest valued company in public markets.
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