Nvidia stock price in focus: CEO says “huge” OpenAI investment planned as NVDA heads into Monday
Nvidia shares fell 0.7% to $191.13 Friday, with 179 million shares traded. CEO Jensen Huang said Nvidia will make its largest-ever investment in OpenAI, dismissing reports of tensions. China gave conditional approval for AI startup DeepSeek to buy Nvidia’s H200 chips, sources told Reuters. Wolfe Research raised its Nvidia price target to $275, citing strong demand.