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Nvidia (NVDA) Soars on OpenAI Stargate Tie-Up as $100B Chip Commitment Fuels Demand

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The Story

News Summary

  • Samsung and SK Hynix signed LOIs to supply memory chips for OpenAI's Stargate project; OpenAI plans two South Korea data centers and seeks 900,000 wafers by 2029.
  • Nvidia pledged up to $100 billion and will supply data center chips.
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NVDA price history

210.96 +18.92% over the displayed period

Advisor Snapshot

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