Nvidia's Major Investment in OpenAI Boosts Market Amid Mixed Signals

Reported about 6 hours ago

Nvidia has announced a significant investment of up to $100 billion in a partnership with OpenAI, driving global stock valuations, particularly in Asia, as Nvidia's shares soared to a record high. Conversely, Dutch chipmaker ASM International has revised its revenue forecast downwards due to anticipated decreased demand for its advanced machinery, while Micron is set to release its earnings report amid expectations of strong demand for its high-end memory chips used in AI data centers.

Source: YAHOO

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