Nvidia Is Partnering Up With OpenAI. Should You Buy, Sell, or Hold NVDA Stock Here?
Nvidia (NVDA) announced a massive 170 billion to its market capitalization. The landmark partnership involves deploying 10 gigawatts of Nvidia systems for OpenAI's next-generation AI infrastructure, equivalent to 4-5 million GPUs, according to CEO Jensen Huang. This deal represents a virtuous cycle for Nvidia. OpenAI receives the investment capital and then spends it on Nvidia's chips and systems. With each gig ...