Nvidia Shares Surge on Landmark $100 Billion AI Partnership

Nvidia’s stock reached unprecedented levels following the announcement of a monumental $100 billion agreement with artificial intelligence leader OpenAI. This strategic alliance, centered on a massive procurement of computing power, has ignited investor enthusiasm and reinforced the chipmaker’s dominant market position.

The partnership’s scope is staggering, with OpenAI committing to utilize a minimum of 10 gigawatts of Nvidia’s processing capacity. This requirement translates to an estimated 4 to 5 million graphics processing units—a volume equivalent to Nvidia’s total annual production output.

The agreement features a milestone-based payment structure:
– An initial $10 billion disbursement upon achieving the first gigawatt of operational capacity
– Deployment scheduled to commence in the second half of 2026
– Utilization of Nvidia’s cutting-edge... Read more...