Nvidia stock price (NVDA) in focus after $30 billion OpenAI stake report, with earnings next week
Nvidia is nearing a $30 billion investment in OpenAI, sources told Reuters, as OpenAI seeks over $100 billion in funding. Nvidia shares closed Friday up 1.02% at $189.82 ahead of its Feb. 25 earnings report. Wall Street expects a 71% jump in earnings per share on $65.9 billion revenue. Investors await CEO Jensen Huang’s outlook on AI demand.