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Nvidia jumps after $100 bln investment in OpenAI unveiled

ReutersSep 22, 2025 4:57 PM

** Shares of Nvidia NVDA.O up 3.6% at $183.12 on Mon after chipmaker says it plans to invest up to $100 bln in OpenAI

** Both firms unveiled a letter of intent for a landmark strategic partnership to deploy at least 10 gigawatts of Nvidia chips for OpenAI's AI infrastructure

** In an interview with CNBC, Nvidia CEO Jensen Huang said the investment is "“additive to everything that’s been announced and contracted,” and indicated to CNBC that it's in addition to anything the co has communicated to Wall Street about its financial expectations

** Shares of Oracle ORCL.N, a partner with OpenAI, SoftBank 9434.T, and Microsoft MSFT.O on $500 bln Stargate AI data center project, up nearly 6% on Mon

** Nvidia last week committed $5 bln to embattled chipmaker Intel INTC.O

** With move on the session, NVDA shares up ~36% YTD

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