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News  ›  The Motley Fool

OpenAI Just Gave Spectacular News to Nvidia Stock Investors

The Motley Fool Logo The Motley Fool By Justin Pope
OpenAI Just Gave Spectacular News to Nvidia Stock Investors

OpenAI restructured its partnership with Microsoft, potentially valuing the company at $500 billion and paving the way for a future IPO. The company's ambitious AI growth plans, including expanding GPU capacity from 1 million to 100 million, could significantly benefit Nvidia's chip business.

Insights
NVDA   positive

OpenAI's expansion plans and need for massive GPU infrastructure suggest continued strong demand for Nvidia's AI chips, with the company controlling up to 92% market share and maintaining a reasonable valuation