Nvidia Reaches Record High Following $100B OpenAI Partnership

Nvidia's stock surged to an all-time high on September 22 after announcing a strategic $100 billion collaboration with OpenAI. The chipmaker will fund AI-optimized data center infrastructure to support OpenAI's ambitious 10-gigawatt deployment target—a critical MOVE given OpenAI's nonprofit funding constraints.

The deal reinforces Nvidia's dominance as the 'steelmaker of the AI era,' providing essential GPU hardware and software for parallel processing workloads. 'Everything starts with compute,' remarked OpenAI CEO Sam Altman, underscoring the symbiotic relationship between AI advancement and Nvidia's infrastructure.

As the most valuable company among the 'Ten Titans'—an expanded version of the Magnificent Seven—Nvidia now commands nearly 40% weighting in key indices. The partnership signals continued momentum despite growing competition from semiconductor peers like Broadcom.