Overview

• Multiple reports describe a plan for Nvidia to invest as much as $100 billion in OpenAI to expand the lab’s data centers, which has not been confirmed by the companies.
• Nvidia remains the AI chip leader, delivering more than $130 billion in revenue last year and a five-year share gain above 1,300%.
• Growth has cooled, with year-over-year revenue up about 56% in the most recent quarter after near triple-digit surges earlier.
• Competitive pressure is building from rival chip designers and from large customers developing their own processors, raising margin risks.
• Aswath Damodaran told CNBC he views the stock as richly priced and prefers Intel, alongside reporting of a $5 billion Nvidia–Intel AI infrastructure deal.