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Bloomberg says NVIDIA will fund OpenAI in stages, with an initial $10 billion delivered once the first gigawatt of compute is deployed, implying sizable GPU demand and revenue for NVIDIA.
Microsoft agreed to a $17.4 billion, five-year deal with Nebius to secure GPU infrastructure capacity, strengthening its AI and Azure capabilities amid rising cloud competition.
Broadcom beat Q3 estimates, raised Q4 guidance and secured $10B in XPU orders (likely OpenAI), sending AVGO sharply higher and causing a slight selloff in Nvidia and AMD as AI chip competition heats …
Snowflake raised fiscal 2026 product revenue as AI-driven demand grows; it highlighted Microsoft Azure's 40% acceleration and Microsoft forecast a record $30B capex after booming Azure sales.
Nvidia reports Q2 after market; revenue expected up 53% but growth and gross margins are slowing. Management commentary on demand, China sales, and supply ramp will drive AI-related stocks' moves.