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Nvidia/OpenAI Deal: Chipmaker Investing 100 Billion In ChatGPT Maker

1. Nvidia will invest $100 billion in OpenAI for AI development. 2. OpenAI will utilize 10 gigawatts of Nvidia systems for AI training. 3. Nvidia's shares have risen 3.6%, nearing this year's peak. 4. OpenAI could be valued at $500 billion after secondary share selloff. 5. Nvidia joins Microsoft as a primary investor and service provider to OpenAI.

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FAQ

Why Very Bullish?

Nvidia's significant investment in OpenAI signals strong future demand for their technology. Historical data shows similar partnerships have positively impacted stock prices.

How important is it?

The magnitude of the investment and strategic importance of AI for future growth makes this news highly relevant for NVDA.

Why Long Term?

This partnership sets the foundation for sustained growth in AI infrastructure over the coming years, akin to Nvidia's previous investments driving revenue.

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