Nvidia jumps to new record after $100 bln investment in OpenAI unveiled

Shares of Nvidia NVDA.O up 3.9% at $183.52 on Mon and hit new record high after chipmaker says it plans to invest up to $100 bln in OpenAI

NVDA shares rise as much 4.5% to $184.55, surpassing prior all-time intraday peak of $184.48 hit on Aug 12

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"

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 >5% on Mon

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

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