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Nvidia Backs $105B OpenAI Hub to Cement Long-Term AI Chip Dominance

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The Story

News Summary

  • Nvidia committed up to $105 billion in lease guarantees for OpenAI's Ohio AI data center and invested $1.5 billion in SB Energy.
  • The strategic deal secures Nvidia exclusive rights to provide GPUs, CPUs, and networking infrastructure, cementing substantial multi-year revenue growth through 2030.
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NVDA price history

218.29 +19.87% over the displayed period

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