Nvidia stock price rises after-hours on report of $30 billion OpenAI investment as earnings loom
Shares of NVIDIA Corporation picked up roughly 1% in after-hours action on Friday, most recently at $189.82, following a Reuters report that the chipmaker is nearing a $30 billion investment in OpenAI. That stake would come as part of a funding round in which OpenAI is seeking over $100 billion, potentially pushing its valuation to around $830 billion. Nvidia gave no comment, according to Reuters.