Markets Slip As Powell Stays Cautious, Nvidia Fuels AI Frenzy
1. Nvidia to invest $100 billion in OpenAI, boosting its market cap significantly. 2. AI drives chip-related growth, benefiting companies like Nvidia and Micron. 3. Optimism over lower interest rates influences market dynamics positively. 4. Upcoming inflation data may affect future market direction, including Nvidia. 5. Powerful AI investments position Nvidia for extensive future profitability.