Not that it was needed, but a case can be made the OpenAI deal is further validation of Nvidia's AI competencies. These traits underpin the broader investment thesis while inviting opportunity with ETFs like NVDU. "OpenAI has grown to over 700 million weekly active users and strong adoption across global enterprises, small businesses and developers. This partnership will help OpenAI advance its mission to build artificial general intelligence that benefits all of humanity,†said Nvidia in a statement. Adding ...

Nvidia’s (NVDA) fiscal Q2 earnings, one of August’s marquee events, are now in the rearview mirror. But simply because summer is fading doesn’t mean interest in Nvidia market capitalization will.In all likelihood, the semiconductor behemoth will remain top-of-mind for investors, the result of the stock commanding outsized percentages of many widely followed indexes. Alone, Nvidia’s prominence can invite opportunity with geared ETFs such as the Direxion Daily NVDA Bull 2X Shares (NVDU). But there are other r ...