Nvidia stock price in focus: OpenAI funding twist, Microsoft jitters set up a volatile week for AI stocks
Nvidia CEO Jensen Huang said the company will make a “huge” investment in OpenAI, countering reports of stalled talks. Nvidia shares closed down 0.7% at $191.13. Microsoft fell 0.8% after revealing OpenAI accounts for 45% of its cloud backlog. Investors await earnings from Alphabet and Amazon, and the U.S. jobs report on Feb. 6.