NVIDIA CFO Colette Kress has confirmed that the company's $10 billion investment deal with OpenAI is still being finalized. The agreement, initially announced months ago, involves deploying at least 10 gigawatts of NVIDIA systems. Despite the ongoing negotiations, NVIDIA's stock performance has been robust, with a year-to-date increase of over 30%. Wall Street analysts, including Bernstein, have projected a potential high of $272 per share for NVIDIA.
NVIDIA's $10 Billion Investment in OpenAI Remains Under Negotiation
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
