Nvidia and OpenAI strike a deal with Nvidia investing up to $100 billion in the AI company. Despite facing restrictions in China, Nvidia’s revenue grows 56% year over year. The partnership aims to build AI infrastructure, including superintelligence projects like AGI. Nvidia’s stock hits an all-time high of $191.05.

The collaboration between Nvidia and OpenAI marks a significant shift in the data center industry toward AI factories. OpenAI aims to achieve artificial general intelligence with Nvidia’s support. Nvidia’s strong financial results and groundbreaking projects make it a promising long-term investment. Consider waiting for a stock dip before buying.

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Read more at Nasdaq: Is Nvidia Stock a Buy After Its Blockbuster Deal With OpenAI?