Nvidia made headlines with plans to invest up to $100 billion in OpenAI, but reports now suggest a $20 billion deal is near completion. There are doubts about OpenAI’s business model, causing drama. Nvidia’s market cap peaked at $5 trillion last year, now at $4.2 trillion. Shares are up 42% in the last year, but down 6.6% in 2026. Nvidia’s P/E ratio is 44.6, with a forward P/E of 23.5. Despite skepticism, Nvidia is close to completing its investment in OpenAI, with more details expected during the fiscal Q4 2026 earnings report on Feb. 25.

Read more at Barchart: $20 Billion Is a Lot Smaller Than $100 Billion. What Does the OpenAI Funding Deal Mean for Nvidia Stock?