Nvidia Stock Price Today: NVDA Holds Near $185 After $2 Billion Nebius Bet Ahead of GTC
Nvidia said it will invest $2 billion in AI cloud company Nebius, pushing shares near $185 ahead of its GTC conference next week. The deal follows a multi-year partnership with Thinking Machines Lab, which will receive at least one gigawatt of Nvidia's Vera Rubin systems. Nebius aims for over 5 gigawatts of data-center capacity by 2030, co-designing centers with Nvidia hardware. Broadcom and AMD deals highlight rising competition in AI chips.