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Nvidia Secures Major OpenAI Data Center Deal as BofA Reiterates Buy Rating

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The Story

News Summary

  • Nvidia secured a key role in OpenAI's massive Ohio data center project after winning a competitive bidding process.
  • Despite a recent share dip, Bank of America reaffirmed a Buy rating with a $350 price target, citing resilient compute demand and an attractive valuation discount.
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NVDA price history

212.16 +19.60% over the displayed period

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