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Nvidia Dips as $100B OpenAI Support Sparks Capex Concerns

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The Story

News Summary

  • Nvidia and major semiconductor stocks dropped amid geopolitical uncertainty and investor caution over heavy AI infrastructure spending.
  • Nvidia fell over 2% following a commitment of more than $100 billion in credit support for an OpenAI data center project and a $1.5 billion investment in SB Energy.
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NVDA price history

218.29 +19.87% over the displayed period

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