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Nvidia (NVDA) Shares Tumble on OpenAI Deal Uncertainty and AI Market Pressure

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • OpenAI CEO Sam Altman explored investing in rocket startup Stoke Space amid competitive AI pressures, but talks ended.
  • Nvidia shares declined due to uncertainty over OpenAI's $100B deal and mounting market skepticism on AI expansion amid rising competition and expensive computing commitments.
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NVDA price history

210.96 +18.92% over the displayed period

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