tradingkey.logo

Nvidia's shares slide as WSJ flags doubts over $100 billion OpenAI deal

ReutersFeb 2, 2026 9:28 AM

Shares of Nvidia down about 2% in premarket trade after the Wall Street Journal reported that the co's planned up to $100 billion investment in OpenAI has stalled

Internal doubts at Nvidia over OpenAI's business discipline and rising competition prompted a rethink of the deal, according to the WSJ report

Talks are now focused on a smaller equity investment worth tens of billions of dollars, as part of OpenAI's current funding round, the report said

OpenAI did not immediately respond to Reuters' request for a comment

Nvidia CEO Jensen Huang has privately stressed the original $100 billion plan was non-binding and not final, according to the report

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI